03-18-2020, 09:08 AM
(03-18-2020, 09:05 AM)divmenow Wrote:I should check them again. Most any of the chains with a decent balance sheet will be fine.(03-18-2020, 09:02 AM)fenders53 Wrote:(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.
HD just cut store hours today, but not much.
YUM is getting interesting. China is open for business so it could potentially come back once this all subsides.