Buy McDonald’s Corporation (MCD) Despite Slip, Avoid The Wendy’s Company (WEN) Despite Re-Imaging
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 24, 2013 - 12:03pm
The restaurant business is known for competition and generally tracking the broader economy. In fact, McDonald’s Corporation (NYSE:MCD) is largely viewed as a bellwether of macro trends. To get the most out of restaurant stocks, I recommend looking carefully at corporate trends and whether the current price justifies an investment. Reasonable multiples can be gauged through [...]
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