Here are 5 reasons why you want to buy McDonald’s (MCD) off the back of today’s irrational sell-off:
- The flat same store sales for December will not be repeated as MCD guided to a 1.5% comp for January.
- Fiscal and monetary stimulus will benefit MCD
- The stock has corrected 20% from where I already alerted long term investors to take some of the stock off the table
- Growth in
- Expansion of McCafe concept in
Germanywhich I believe will eventually be MCD direct competition to Starbucks (SBUX) in the US
At the time of this Blog entry Scott Rothbort, his family and or clients of LakeView Asset Management, LLC were long shares of MCD --- although positions can change at any time.