Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]
Price is the least sustaining method of product differentiation. Unfortunately Walmart has brainwashed much of the public into thinking price is the only type of product differentiation. The quality of the product must mean something. Starbucks is the product - not just the coffee. In the case of McDonalds - McDonalds is the product not just the coffee. Enough said ...
Is Walgreen A Solid Buy After The Recent Rise? [View article]
Wag is a great long term play. International branding is where it is at. By the way, the term "peer" is very interesting - Walgreen's is a pure family drug store chain. Express Scripts is a PBM - a pharmacy benefit manager - a completely different business. CVS Caremark is a hybrid of both.
Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]
Is Walgreen A Solid Buy After The Recent Rise? [View article]