Won't one of you bashers out there explain to me why the stock refuses to roll over? Over $100 a share right now. A little nudge it could set a new 52 week high. If it's such a crummy company and the food is so bad how come the stock rise? Come on now, fill me in on why investors are bidding it up.
I fear MCD is holding up because the U.S. is becoming a 3rd world nation full of poverty. Even though MCD has gotten expensive, it is still the cheapest burger joint. And because they are so large, they can muscle suppliers. All this and then you have carnival barkers like Cramer and Najarian touting it. I wouldn't eat the food and I wouldn't own the stock.
fast es growing job is low income type jobs..thanks Obama! So, MCD is the obvious choice for cheap meal. BUY MCD! Take advantage of the only thing Obama has done...increase the low income pool.
Obama and the Democrats will fix the "cheap" by raising the minimum wage to $15 per hour. At that point many family-owned McDonalds will go out of business since they cannot afford to pay those kinds of wages. And then the people would need a "cheapest burger joint" the most will no longer be able to afford to eat at those that are not put out of business sinc eht eprices would be jacked up. Perhaps the Feds should take over the food business (sarcasm)?
lol, so how did it " hold up" and do very well in the booming 90's? If you think McD's is expensive, I'll bet you won't touch Panera or Starbux- which are doing great. Your poverty explanation doesn't hold up. But I'll consider your conviction not to own when I reinvest the divs..
Whatever happens to Mr. Market, MCD will send you bond-beating money every 90 days, and increase it every year. For decades, without fail. Recessions, crashes, wars.. If Warren Buffett goes broke, he'll be stopping in for a coffee.
There's always a premium for a moat...