1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Michael Hamlett Jr
Michael Hamlett Jr
Articles (70)  | Author's Website |

I'm Still Loving It

August 08, 2014 | About:

McDonald's (NYSE:MCD) U.S. sales dipped this quarter while overall revenue increased 1%. Analysts were disappointed in MCD's numbers, and the stock is down .18%. From the way some analysts were talking, it would seem as if MCD was going to tank. I wrote about MCD being overvalued, even though I have it in my portfolio. I still think MCD could add value to an investor's portfolio but would wait to add to an existing position since the overall market is overvalued. MCD is solid, and a very small drop in sales isn't going to be devastating. I wouldn't go as far as Jim Cramer and say that MCD is a "junk bond". Then again, who still listens to Jim Cramer?

Disclosure: I am Long MCD

About the author:


Rating: 2.3/5 (3 votes)

Voters:

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael2222VB ok 60.84
9gebbbLFG Quant Valuation I
rod1z52-Week-Low With Gurus
vinwayPEG
derdavid1
DBrizanreturn on tang assets15
James LiCurrently Profitable Sloans
yowie89Pinoy Cheap List
rael2222?????
rael2222???
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK