Is Jack in the Box the Most Overpriced Stock in America?
JACK demonstrates that fast food is no longer a value investment. Instead it has become a risky speculative play; that income and long-term investors need to avoid like the plague.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
JACK demonstrates that fast food is no longer a value investment. Instead it has become a risky speculative play; that income and long-term investors need to avoid like the plague.
Read MoreThe lack of discretionary income gives people less money for simple luxuries and eating out. That makes low-cost luxuries like Chipotle burritos and Starbucks lattes all the more appealing. They might be the only really good food a person has all week.
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