The crisis goes on; however, it is time to choose the stocks worth buying. It is rather difficult to find the bottom of the stock market; nonetheless, in our situation, the coronavirus data will be the hint. Special attention should be paid to China, where the virus first appeared.
This week investor attention on the market will be attracted to the reports of such widely known companies as Alphabet (NASDAQ: GOOG), McDonald’s (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Let us have a look at these companies and study the market expectations about them.
Many people don't understand how one could just go and eat at McDonald's every day, be it in the US or Europe. Everyone understand this is unhealthy and not appropriate for anyone who is on a diet. This may, yet, be explained with a very simple thing: McDonald's values the customer's time, i.e. you just get in, have your lunch quickly, and continue doing your business. With the advance of the web and mobile networks, many issues are resolved on the spot and take much less time, which means wasting time on making an order at a local restaurant and then waiting for that order is totally nonsense.