McDonalds
Only because we've all talked about this stock so much -- and I think some of you are in it... McDonalds (MCD) will report earnings on MONDAY (23rd)..... and here's the only point of this post...
If you look at the 6 month chart - MCD is DOWN 8%... but if you look at the 1 Year chart its UP 7.7%...and the 5 year is UP 77%
Here's the way I invest.... if the quarter is down and there's a sell off.. I'll be buying like a pig. If the quarter is as expected - fine - I have a good position and I won't change anything... if the quarter is better than expected... fine... I still wouldn't add since my position is built and I'm happy with where it's at.
The big difference is that if it sells off a buck or two - or 3 - I'll take advantage of that. In the long term - I'm going to look at that 5 year chart of up 77% not the quarter where europe or china something l like that made a temporary hiccup.
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