This company (probably) has a pristine balance sheet and can issue debt any time. Statement of Cash Flows is what you should be looking at. If they cut the dividend, I will go gaga buying this stock.
Here are analysts ratings on MCD as of 7/30. Just for your info. Strong Buy 2 Buy 4 Hold 19 Underperform 1 Sell 0
I would want more negativity before doing an "investor" buy. I would actually short the top of MCD range's unless SPY breaks out at 213. Perhaps, MCD is leading. Not Sure. I am only sure until I get my order filled. Sure or Wrong.
There's a frenzy in consumer goods. Looks like CCE is doing a roll-up strategy to take advantage of the strong dollar. Market likes it a lot. Other multinationals could follow suit with buybacks becoming becoming unpopular. Could be fuel for a break past the upper resistance. Not really bullish. Just worried about shorting the range play.
Yes if McDonalds could just bring back those cherry pies (cue the Warrant) and McRibs everything would be solved.
MCD not showing any weakness. On April 15th, when this thread started, priced at $96.44. Currently at 100.69, up over 4% not counting the dividend.
Macdonalds may not exist in 100 years, yes. But in 5? It's a huge exaggeration. MCD may have some troubles, but it is a huge business. It's ridiculous