July 31, 2024 | CMG, Daily JAM, Dividend Income, Jubak Picks, MCD, Mid Term, Morning Briefing, PEP, Top 50 Stocks |
I’ve started to call this The McDonald’s Economy–where the long-term effects of high inflation on prices damps consumer purchasing, but where the recent drop in inflation has limited companies’ “cover” for price increases. The result is that companies are seeing lower sales volumes at the same time as consumers push back ore strongly against price increases. McDonald’s isn’t the only company caught in this vise. Customer traffic at U.S. fast-food restaurants fell 2% in the first half of the year compared to the same period a year ago, according to Circana, a market research company. Circana expects high inflation and rising consumer debt will also dent traffic in the second half of 2024.
July 28, 2024 | AAPL, AMZN, Daily JAM, MCD, Morning Briefing, MRK, MRNA, MSFT, PFE |
Earnings, earnings, earnings. From members of the Magnificent 7: Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META) and Apple (AAPL). in the consumer sector from consumer stocks Starbucks (SBUX), McDonald’s (MCD), Mastercard (MA).From drug companies Pfizer (PFE), Moderna (MRNA) and Merck (MRK). And from Big Oil Chevron (CVX), ExxonMobil (XOM), Shell (SHEL), and BP (BP). Here’s what I’d watch for.
September 25, 2023 | CSCO, Daily JAM, MCD, MSFT, Notes You Need |
I haven’t done one of these in a while, but I think that this current market is throwing up lots of hints that might contribute to an investing thesis but that don’t deserve a full post. So here I go with Notes You Need again.
September 26, 2019 | Daily JAM, MCD, Stock Alerts |
We knew this one was coming, right? Today, McDonald's (MCD) announced that it would begin a test of the PLT, the plant, lettuce and tomato burger, for 12 weeks in 28 restaurants in south-western Ontario. The move mirrors but trails (by six months) the introduction of...
July 2, 2018 | Daily JAM, MCD, Stock Alerts |
In my post of June 28 "My baseline stock market scenario for the next 30 days" I pointed to an earnings/post earnings report pattern that I thought posed significant danger to stocks. Analysts, I noted, were projecting knock out earnings growth for the second quarter...
April 30, 2018 | Daily JAM, MCD, Stock Alerts |
McDonald's reported a solid earnings beat of 12 cents a share ($1.79 vs expectations for $1.67) before the market opened today, April 30. Revenue fell 9.5% year over year to $5.14 billion but that was still ahead of the $4.97 billion Wall Street consensus for the...
January 29, 2018 | AAPL, Daily JAM, MCD, Notes You Need, PYPL, SQM |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical entry would resemble this from today: “10:20 a.m.: Apple (AAPL) shares down 2% this morning on news reports out of Japan that the company will lower iPhone X production volume by 50% in the first quarter of calendar 2018. The stories see that Apple has notified suppliers that it will cut production for January-March quarter to 20 million units for the iPhone X instead of the 40 million units projected at the phone’s November release. Apple reports earnings after the market close on Wednesday, February 1.”
January 22, 2018 | Daily JAM, MCD, Stock Alerts |
I've become convinced that the best way to think about McDonald's (MCD) and other established fast-food stocks is as cyclicals. Oh, not in the usual way where the fortunes of a company rise and fall with the cycles in the economy. No, I think the established fast food...
April 9, 2012 | ARCO, CMI, Daily JAM, MCD, SLB, Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
