MarketFoolery: 03.08.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 8 March 2011
⏱️ 12 minutes
🧾️ Download transcript
Summary
Is Facebook's foray into movie rentals a serious threat to Netflix? Is McDonald's losing steam in the U.S.? How did Bill Gates give away the top spot in Forbes magazine's annual billionaire's list?
Transcript
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| 0:00.0 | It's Tuesday, March 8, and this is Market Fullery. |
| 0:05.0 | I'm Chris Hill and joining me in studio today. |
| 0:07.0 | A million dollar portfolio, Ron Gross, from Stock Advisor Jason Moser, |
| 0:11.0 | and from Motley Fool Asset Management, Bill Barker. |
| 0:14.2 | Guys, happy fat Tuesday. |
| 0:15.6 | Hey Chris, how are you? |
| 0:17.0 | We've got the latest from Subway, Facebook, and a sneak peek at Forbes annual billionaire list, but we begin today with McDonald's. |
| 0:25.0 | Ron, I'm going to start with you. McDonald's same store sales for February, up nearly 4%, |
| 0:30.0 | better than expected overall, but the US results a little weaker than expected. |
| 0:34.0 | Yeah US came in light not surprisingly US is struggling high unemployment here |
| 0:40.4 | certainly weather had an impact high high gas prices, taking its toll, the company is still |
| 0:45.1 | doing fine, 2.7% increase in same store sales, just kind of weak compared to what people |
| 0:51.0 | were expecting. |
| 0:52.0 | International is doing quite well, however. |
| 0:54.0 | So the company is still doing well, just not compared to expectations. |
| 0:57.0 | Now, shares of McDonald's are up about 45% over the last two years, |
| 1:01.0 | which is pretty good if you're a shareholder until you |
| 1:04.1 | look at the S&P 500 which is up around 90 percent. Oh Chris. |
| 1:08.0 | That's the problem. That's the problem with charts. You can't just take a look at an isolation. |
| 1:16.0 | So I could hit you with the five-year numbers where McDonald's has more than doubled and the |
| 1:19.4 | S&P is flat. Also, you could say from the height of the market to the recession, the market fell |
| 1:26.5 | 56% while McDonald's only fell 20%. So it had a lot more making up to do over the last two |
... |
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