For all you smart buy and hold types out there that want to make a tech-type return in the next 2 months.... but still play it safe. Busier than ever and not closing down. (Don't take my word for it, check your local drive thru for the next few days and you be the judge.) 3.5% divy while you wait if I'm wrong. Some stocks are steals when they get caught in a downturn. Depends on the stock, depends on the downturn... ...when you get the right stock caught in the wrong sector... bingo. Cashola. Drumroll... MCD @ $137 It's a good buy for the long haul. It may go lower... but its not closing, and its not going away. They got hammered today because of Britain. Who cares. I bet they have a record quarter, or damn close with insides being closed 4 now. We shall see.
McDonalds is a tough one to estimate. The majority of stores are outside the United States. You have to estimate how CV is affecting them in other countries, not just the US. Like we have the drive thru's open here, but other countries you don't know if they're completely shut down or not.
Up 30% since I posted it. 2 weeks. Ahhhh... a rising tide.... but still, it went up on down days nicely too. But whatever, it was (is) a good granny stock. I knew it was dirt cheap in the $130's. You won't see that again. Gotta move on those Amun. Paralysis by analysis.... does not a good trader make son.
Good move! 30% isn't bad at all. I was busy buying some VLO that day on March 23rd at $34 per share. Only up over 45% on that trade.
I should have posted INTC after noticing it refused to break down at $45 and watching it make higher highs on up days. Now it's obvious why, everyone buying new computers. Good call on MCD!
Whew, that jump in VLO today...7.43% gain today on a day the market was up 3.4%. How'd MCD do today? Oh, a 1.04% gain? Well, thats ok...at least you didn't lose.
. MCD is one of those obvious trades along with V I thanked him for helping give his analysis on my ARNC position under another thread. Its not a Granny stock, oops!
Ahem... not sure if you're being snarky or just having fun. Either way, it don't matter. I'm sure you're just pickin'. Besides... you should have posted VLO back when you bought it, not three weeks later. But fwiw... MCD is up 4.2% today... $184.60 VLO down 2.5% That puts MCD ahead by a nose since you posted that.
Hey Noodle... 45% ain't at all. But you should have followed this one from 3 weeks ago. How's 130% sound? And nooo, I didn't play it, I just shared the call.