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IBDvalueinvestin (99.64)

McDonalds - MCD is down even after beating estimates.

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January 26, 2009 – Comments (2) | RELATED TICKERS: MCD , CAT

Beats by .04 and is down today, LOL what a great buy. The company see's business so strong that its expanding and adding 1000 more restaurants. They wouldn't be expanding if business was not strong. Look at CAT which is doing the opposite and contracting by eliminating 20,000 jobs.

2 Comments – Post Your Own

#1) On January 26, 2009 at 12:44 PM, DarkToast (74.13) wrote:

It has been an extremely popular stock lately, touted as a sure fire hedge against whatever nastiness will ensue. I think people are just selling part of their positions to explore other opportunities. Not sure if it is a buy even at these slightly lower prices.

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#2) On January 26, 2009 at 12:52 PM, njbrown113 (< 20) wrote:

the market is messed up, no long term investing for me, just swinging and shorten everything, Has been pretty lucrative that way, I dont think Ill ever long a stock again, no point really.

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