Quote:
Originally Posted by GregWeld
So once again we're back to "fundamental changes" in a business.... Here comes McDonalds (MCD) which had been just dripping down and down and reporting sales disappointments quarter after quarter... They changed the CEO... Made a big change to "breakfast all day" and BAM! Finally a big quarterly turnaround and the stock jumps $7
This is the thing when big companies make big changes... you just won't know which way that's going to play out.
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So using the Mcdonalds idea. How does a guy look at this stock now?
Obviously the best position would have been to believe in the new CEO and buy when the stock was at its lowest or some where near there.
Seems to me like a band wagon move to get on board now. But a 3% dividend is decent.
I think MCD is big enough they will change there game to make money. But in tens years the Big Mac might be outlawed or totally changed. I don't think MCD will go under and I'm glad to see they try some big changes, which Jack in the Box did years ago.
Just wondering you mindset looking at this situation to use in others.