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I usually wouldn’t give a fuck about McDonalds. I don’t eat there and they’re not on any of my watch lists. But when I saw they missed the number and the stock dropped today it it reminded me again of what a huge fucking he gives his viewers
If you Google “Jim Cramer McDonalds” you’ll get about 78,000 hits. I know it feels like I’ve seen him tout it on CNBC and Mad Money at least twice that much. What really gets me is when there’s a miss on one of his Charitable trust holding like MCD and he dosen’t even bother to update the viewers. If I was his producer I’d make him dedicate one segment, at least once a week, to his buy recommendations. Even if it was just one sentence it would give these folks some continuity. Instead you get full segments like this……
But hey – at least you’ve got that juicy 3.1% Dividend – right? That’s great if you bought today the stock doesn’t give that back over the next quarter. Why don’t you ask the folks that bought at $100 back in January how that strategy is working out for them? I guess that also kills the theory of the consumer “trading down” that he espoused after Chipolte (CMG) crash and burned Thursday
Going back to my point and to the chart below MCD had a death cross in early June and yet the price went up. Had I been watching that I’d have told people to get out leading into the conference call. Now those losses are worse and there’s no catalyst for anyone to buy this steaming pile of… pink slime. With the June low trendline busted, the next stop for MCD is the S2 support level noted
9 Responses to “McDonalds Blows…. and so Does Cramer”
Mr. Cain Thaler
Yep. I was ranting about this on twitter earlier today.
Buying multinational corporations into the middle of the euro imploding is FUCKING MADNESS.
Guess what happens to earnings when they translate back into America? Oh yeah, they get fucked over a spindle.
Multinational’s growth markets are being eviscerated and any money they have overseas is getting devalued. Unless you have a damn good reason, no buying them.
kcscott
I just watched Cramers Friday show – he didn’t even have MCD on “gameplan”
I guess the French couldn’t wolf down enough “Royals With Cheese”
Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.
Dumb comment.
Stupid “insight.”
$MCD is a fine business.
One, to which, you should offer more humble pie.
“Who the fcuk are you?” (en Francais, avec emph.)
kcscott
And that’s why it’s worth less today than it was on Friday.
With keen observations like that it’s no wonder you’re a fan, as I’m sure you’ll soon be working there.
DJMarcus
Lol. What a weird post by that dude. Agree with what you said about Cramer but there isn’t enough time in the day for him to do more than he does. He should be used as a tool (maybe investment idea generations upon which to do DD) and to listen to another perspective or hear some of his interviews.
He shouldn’t be responsible for people’s decisions, good or bad.
Anyways, MCD – forward PE of 14.5… 3% divvy. Currency risk. No business model risk – not yet at least.
DJMarcus
Disagree with both of you. Been dying to buy this. Waiting for a good entry now.
3% + divvy, same store sales growth was solid. Got screwed on currency.
Still new markets to penetrate and it’s a worldwide favorite. It’ll be a great buy soon.
Mr. Cain Thaler
Yeah, but it’s going to keep getting screwed on currency. At least wait until the dollar peaks. Or hold off a little to edge in.
fake amish
The “buy any piece of shit dividend paying stock” is the wall street scam of right now. Want a dividend? Buy a fucking bond.
Djmarcus
How is this a piece of shit?