Here you are - KO, MCD, Dow Jones, S&P500 and Nasdaq.
Coca Cola and McDonald's actually performing very well.
They are still 20% up for last 12 mo.
Note Dow is flat and S&P and Nasdaq are minus 10%.
This is because:
1. US Inflation. You may not go to cinema, but you still need to eat something, and what better to eat than one big juicy cholesterol BigMac :-) + one big diet coke. Kids love it.
2. KO and MCD are international companies and their profit comes in mixed currencies, not only USD. They receive EUR, JPY, GBP, BGN - a truly diversificated currency portfolio.
I still recommending those stocks :-)
2008-04-16
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