Money and Finance
McDonald's (MCD) Earnings Miss
McDonald's reported earnings for the 3rd quarter this morning before the opening bell where they beat on sales but missed on profit. The good news for long-term believers in McDonald's is that shares sold off 3.40% after the announcement and is currently set to open below $90 per share. I'm hoping for a further pullback so I can average down my position after I get my capital to my brokerage account, but I'd have no qualms with initiating a position at the current price.
-
Should You Be Loving Mcdonald's Corporation?
Another year completed and another annual report to go through. Back in late January, McDonald's Corporation (MCD) announced 4Q 2013 and full year earnings so what better time than the present to input the new data and update my valuation analysis....
-
Recent Buy
This morning I purchased 40 shares of Target (TGT) for a price of $61.81 per share. With the current dividend payment of $1.44 I was able to pick up the shares for a 2.32% YOC. I've been following Target for a while and the price just never quite...
-
Recent Buy
With the market continuing to drop I added to another position yesterday by picking up 20 mores shares of MCD for $85.52 each. McDonald's reported it's first monthly same store sales decline in 9 years and promptly sold off about 2% on the day....
-
Recent Buy
Today seemed like a good day to average down in my McDonald's (MCD) position as well. McDonald's also recently announced slightly disappointing earnings as revenue was up but profit numbers were down. I'm not worried about McDonald's...
-
Recent Buy
This morning I noticed that the stock market was set to sell off early so I set up a limit order for 25 shares of McDonald's $87.76. I was debating on what price to set my limit order at but chose the $87.76 mark instead of $87.51 because $87.76...
Money and Finance