ok rookie, stay with me, MCD is not a growth stock, it's a safe play for a tidy dividend with some upside. Conversely ARCOS is a major growth stock with huge upside potential with minimal downside risk and a small dividend while you wait. Having visited numerous countries they serve and doing business in many I can tell you on any given night Mcdonald locations in Colombia, Peru and Brazil are standing room only on a typical Thursday - Sunday night. Why do you think they have 12%+ same store sales. Show me anyone else growing like that, MCD???? NOT even close. You put a muzzle on that pie hole, your lost and we don't have time to help you find your way ROOKIE
Hey Tom, I'd put your money where your mouth is and short the stock if you really think it's going to single digits. I'd love to watch you run to cover as we head to $20 in short order over the next 12 months.
I think your dead wrong, they are in all latin countries and their growth and same store sales number are off the charts. It's not dead money it's a golden opportunity to get in at these levels, in 2 years this stock will be in the 30's, mark my word.
It's not uncommon for international based companies to not have alot of b.s. news coming out. You will only here what is necessary for you to hear in between quarterly earnings. The only thing wrong with this stock is the currency issues and they will eventually correct themselves. When this puppy starts to run and yes it will run anyone gettingn in at these level's is going to be very pleased. I'm holding 50k shares around these levels and I'm fine for a few years, remember it ran all the way to $28 after going public at $18, there is alot of big bank and investment funds behind this story. On a side not I was in Cali, Colombia last month and at 9pm on a Thursday night a Mcdonalds I passed in a neighborhood was 6 deep at 4 registers, not an open table to sit at and the drive through backed up to the street and beyond. The same store sales numbers are no lie and they will only be getting better. Hold