In the restaurant industry, specifically McDonald’s, analysts found that MCD’s earnings
in Europe were better than expected, however they were slightly below expectations in the US.
McDonald’s is said to be the best positioned played in the quick-service restaurant segment to
gain market share because it has significant market power. Many analysts are saying “BUY”
to HRL stocks because they have been seeing increases as of the past quarters. The main driver
of growth in this industry is consumer spending. Across the board, consumer spending has
increased in hotels, restaurants, and cruise lines because consumers are now more optimistic and
willing to spend money on vacations and luxury goods.
POSTED BY: KATERINA ARGYROU
In our presentation, we used as example of good investment chepotle. Someone asked in class why not McDonalds which is bigger and more famous. Well of course McDonalds is a safe investment but as Chepotle is growing EVEN more it is better investing in a company that grows than in a copmany that is although big but STEADY.
ReplyDeleteCOMMENT POSTED BY: Katerina Argyrou
Yeah, I feel like McDonald's is okay and supposed to be a "buy", but even if they do see some growth, it won't be anything really significant. But I'm glad to know that the HRL industry is rebounding!
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