Why McDonald's Is Significantly Overvalued
By The Independent Investor:It's always hard to sell stocks that have been great long-term investments. Companies that have consistently produced significant gains and grown dividends over many decades are often the core of many traders and investors portfolio.This could not be more true for any company than McDonald's (MCD), a company that refocused its business model after having difficulty with anti-cholesterol and obesity campaigns, and has consistently grown at double digits over the last decade.(www.thestreet.com)Still, while McDonald's has outperformed the S&P 500, and its tracking exchange traded fund, SPY, by a fairly wide margin over the last decade, the company has consistently underperformed most of the broader indexes by a wide margin over the last six months.(www.thestreet.com)McDonald's has been a great long-term investment, and few major company's other than IBM, Apple (AAPL), and some of th stronger performing consumer staple company's such as Altria (MO) and Kimberly-Clark (KMB),Complete Story »
- Original article
- Login or register to post comments
