McDonald's: Looking a Bit Overvalued [View article]
Agree. MCD is at a steep premium to the market without an impressive long term growth rate--although ANY growth at all is impressive at the moment!
So you have little return potential and a lot of risk should anything go wrong. In any event, at some point, people driving less and having less disposable income has got to negatively impact sales...
McDonald's: Looking a Bit Overvalued [View article]
So you have little return potential and a lot of risk should anything go wrong. In any event, at some point, people driving less and having less disposable income has got to negatively impact sales...