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Road Less Invested
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Value focused investor.
  • Opportunity In MCD? 0 comments
    Nov 8, 2012 1:53 PM | about stocks: MCD

    McDonald's (Ticker: MCD) is trading off about 2.0% today after reporting the first drop in same store sales in 9 years today, as a result of increasing competition between fast food competitors. Stock is currently trading below its 52 week low $85.92, and currently yielding a healthy 3.5%. Could be an interesting entry point for long-term investors. Might do some homework.

    Here is a news report from bloomberg.com:
    "McDonald's Corp. (MCD), the world's largest restaurant chain, said sales at stores open at least 13 months fell 1.8 percent in October, the first monthly decline in nine years, as U.S. customer traffic decreased." Here.

    Stocks: MCD
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