Are You Lovin McDonalds (MCD)?
Jan 29th, 2009 | By Charles Delvalle | Category: Chart of the DayConsumer spending is falling off a cliff. Yet stores won’t feel the effects universally. The store with the best value is sure to move higher.
Last week, I pointed out Dollar Tree (DLTR) as one of those companies doing well. Another is one you probably know quite well, McDonalds (NYSE:MCD).
McDonalds has done extremely well over the past few years (no thanks to their stupid “I’m lovin it” series of commercials). It appears that their dollar and breakfast menus have been outperforming everyone’s expectations.
(On a side not, I love McDonald’s coffee. A little watered down, yes, but delicious none the less.)
From the middle of 2006 to today, MCD climbed over 100%. And you would’ve made a healthy 10% + over the past twelve months alone (not including the 3.4% dividend).
MCD also consistently used its 50-week moving average pretty as a form of support.
Sure, MCD showed a decline in revenues for the fourth quarter of last year. But at the same time, MCD increased same-store sales by 7.2% in the December quarter – extremely impressive (Wal-Mart (WMT) is lucky to increase same-store sales by 3%).
All of this translates into continued strength for McDonalds over the next 12 months.
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Charles Delvalle is a self-taught market-timing professional and value analyst who's followed and invested in the market for the past ten years. He uses a unique combination of technical and fundamental research to pinpoint rapid profit opportunities with stocks and options.
Charles is also a staunch contrarian and takes pride in finding undervalued sectors and discovering undervalued, cash-rich companies. He frequently mocks government stupidities and points out the "inaccuracies (or lies, take your pick) that government reporting frequently dispels as "truth".
