Hobo
Recycles dryer sheets
- Joined
- Sep 28, 2008
- Messages
- 274
I hate stocks.. all I ever do is loose money. But I have been traveling throughout Asia for the last 4 months and everywhere I turn McDonalds has a restaurant. I like the out-of-the-way places, and even in remote areas the McDonalds is serving to local people... of all nationalities. They love the place.
A lot of fast food restaurants have tried to spread through the global market, but none of them begin to compete with McD. A francise costs about a $$million to just get started + 9 months of training at Hamburger U. in the US. They are always testing and remodeling to look and taste fresh. The upper management must be incredible to keep every store looking spotless and modern.
The P/E is 17, so it is not a growth stock. But as long as some part of the world is growing, McD will be growing along with it. Anybody looking for a real solid stock that shakes off all the bad news coming from the US and just keeps on growing; you should give this stock a closer look.
A lot of fast food restaurants have tried to spread through the global market, but none of them begin to compete with McD. A francise costs about a $$million to just get started + 9 months of training at Hamburger U. in the US. They are always testing and remodeling to look and taste fresh. The upper management must be incredible to keep every store looking spotless and modern.
The P/E is 17, so it is not a growth stock. But as long as some part of the world is growing, McD will be growing along with it. Anybody looking for a real solid stock that shakes off all the bad news coming from the US and just keeps on growing; you should give this stock a closer look.