Saturday, May 21, 2011

Barnes & Noble (BKS)

I love it when I am right. Knew that Barnes and Noble was a good speculation based on possibly the company would get bought out. Yesterday my instincts and logic were proven. The stock was up over 30% after Liberty Media announced their takeover intentions. Also its up 100% since my post about it. I picked up more share at $9, it's now over $18! Stock still has room to grow being I believe another suitor will up the ante to over $21 a share. Happy investing. Tony

Monday, May 16, 2011

Wendys (WEN)

I have one of those feelings about a stock that I believe is about to break out. Wendys (WEN) has been hanging around the $4.50-5.50 a share range for over a year now. The turnaround at Arbys has started and a buyer will materialize for them soon enough. Than the company will be able to focus on growing the Wendys brand which I think has the best food out of the big three Burgers leaders. Not sure how there Breakfast roll out will work but it should add some revenue to their bottom line. International expansion seems like the right way to go. It’s working for McDonalds and Yum Brands. So buy Wendys short and long term, IMHO. Happy Investing. Tony

Sunday, May 15, 2011

McDonalds Stock - MCD

I am liking my pick in McDonalds more and more these days. Have been buying since $45 a share. They have raised their dividend 3 times since than. The Dividend raises alone had beaten inflation over this period. They are doing everything right these days. The number 2 and 3 companies in the Burger space just can't seem to compete with them. Overseas expansion should drive this company's stock higher for years to come. Buy them, put it away, and reap the rewards for years! Happy investing. Tony