What the McDonald's Downgrade Means For Mutual Fund Investors (MCD)
Shauna O'Brien Apr 06, 2015
Inside the Downgrade
Analyst David Palmer commented: “We are lowering our EPS estimates to account for FX, increased labor costs, and slower US SSS momentum.”
“However, even with our lower EPS estimates, McDonald’s valuation metrics compare favorably to both restaurant and consumer staples peers.”
Lower Sales & Higher Labor Costs
McDonald’s is up 3% YTD.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.76%|
|VFINX||Vanguard 500 Index||1.13%|
|VDIGX||Vanguard Dividend Growth||0.57%|
The Bottom Line
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