Wednesday, September 30, 2015

Recent Trade: Sell MCD Buy O


On September 30, 2015, I sold 10 shares of MCD at 98.49 and then bought 21 shares of O at $47.39.

I just don't trust MCD anymore. Shrinking cashflow to pay dividends and stock buyback. Unstable EPS and no future goals. Is McDonalds trying to be Panera, Burger King, or Dairy Queen? At $98 and 22 P/E, MCD is overvalued. I might buy MCD in my Loyal3 account at $80-$85 but for now I'm happy with O.    

Forward 12 months dividend stands at $2044.80. 

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