02-06-2019, 04:02 PM
(02-06-2019, 03:30 PM)stockguru Wrote: I was thinking of buying MCD. What everyone's thoughts about taking a position here? It doesn't correct all the much but its off a bit from its highs now. With a 22 PE or so it may be a bit over valued, but I like that divided.
Looks pretty steeply valued. About 10% above its 10yr average P/E, dividend growth rate has been flattening for the past couple years, current yield at multi-year lows, and lots of debt going into a late-cycle economy. I have a feeling there will be sale prices in the future much better than this.