Debutants had a mixed day yesterday, with car-sharing company Zipcar (ZIP) roaring 56% higher on...


Debutants had a mixed day yesterday, with car-sharing company Zipcar (ZIP) roaring 56% higher on Nasdaq and McDonald's South American franchisee Arcos Dorados (ARCO) jumping 25% on the NYSE. But TMS (TMS) and shipping company Box Ships (TEU) fell around 8%, also on the NYSE.
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Comments (2)
  • wyostocks
    , contributor
    Comments (9115) | Send Message
     
    Bubble---ZIP has never made any money---The PE on ARCO is twice that of MCD. Go figure.
    15 Apr 2011, 08:14 AM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    Sometimes companies sacrifice profit for growth, so if interested in their financials, you should look at their S-1 rather than simply stating what you read in some other post.

     

    Comparing PEs across these two stocks doesn't make much sense. ARCO obviously is perceived to have greater growth potential. I have no idea, and wouldn't go near it anyway, but you have a quite a simplistic view of the situation.
    15 Apr 2011, 09:03 AM Reply Like
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