McDonald’s – again almost at all-time highs!

Recently I saw a movie The Founder, which inspired me to look again at McDonald. As we can read on Wikipedia about movie: This drama tells the true story of how Ray Kroc, a salesman from Illinois, met Mac and Dick McDonald, who were running a burger operation in 1950s...

Cardinal Health – give it a time!

Cardinal Health reacted very well on published financial results. Reminding, I was buying CAH not far ago, when there was uncertainty around drug prices and competitive war amongst drug distributors. So far so good performance, but let’s look on financial report. Here...

Gilead Sciences – 2017 will be tough…

I am an (un)fortunate shareholder of Gilead. Well truth to tell I was expecting business to decline, but guidance for 2017 is quite shocking and -10% reaction looks justified at first sight. Market was expecting around $10-12b in HCV Product Sales. What does it mean...

Archer Daniels Midland – how interpret Q4 results?

Yesterday ADM posted Q4 results and market reaction was at least strange. At the beginning share price dropped by more than 5% and then… went up to more than 2% profits. Such strange reaction made me think whether results were good or bad. Intuitively results were bad...

Cintas – will it grow forever?

Cintas is one of the companies, which share price performance I do not understand at all. Business is growing by single digit number and share price for the last five years is around +230%. This is mainly due to multiple expansion, but let’s have a look on...