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.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Jack
Whither McDonald’s
The 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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