(03-18-2020, 08:59 AM)crimsonghost747 Wrote: I've been looking at restaurants too. Not properly, just taking a look to see what's out there.
Honestly? Not seeing much, though MCD is starting to look interesting. I'd love to get my hands on some Chipotle but their P/E is still like 40?
I assume you aren't familiar with US restaurants. There are some powerful chains with good enough balance sheets being given away. I'll stay FAR away from the Momo like Chipotle. That's one that could get chopped in half again. Some of the others are at financial crisis lows and they are still selling carry out. For better or worse, restaurants will be my play coming out of this. I've picked up plenty of industrials. I'll have to be more patient with those. Restaurants can turn their fortunes on a dime. Aircraft parts manufacturers, not so much.
HD just cut store hours today, but not much.