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Strategies & Market Trends : Value Investing

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To: TwoBear who wrote (10086)3/1/2000 1:09:00 PM
From: Michael Burry  Read Replies (1) of 78669
 
Fast food stocks on the whole are down, and I can't figure out a justification for such beatings. Seems like most are steady growers. Heck, even MCD is starting to look good again. Jack in the Box and YUM are trading at EV/EBITDA ratios under 4 while their businesses are on firm growth tracks. I own a whole lot of YUM personally. In some other accounts I had forgotten to buy it, and I took advantage of the recent dive to add it.
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