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Krispy Kreme and McDonalds

ChopperChopper Posts: 1,274 ✭✭✭✭✭ Graduate
edited March 31 in Off Topic

Trying to think how to play this in my portfolio. Go long DNUT and MCD or just load up on semaglutide and sweat pants manufacturers?

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    MarkBoknechtMarkBoknecht Posts: 1,546 ✭✭✭✭✭ Graduate

    My wife loves Crispy Creme. Go long for the DNUT and MCD.

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    DawgBonesDawgBones Posts: 2,202 ✭✭✭✭✭ Graduate

    Just remember the "Hot Now" will eventually be Cool Later.

    I'd just go with NVO (Ozempic stock).

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    LoranwhaddayagotLoranwhaddayagot Posts: 2,037 ✭✭✭✭✭ Graduate

    Don't forget Eli Lilly (LLY)…it's been a big winner in my portfolio the last few years!

    My wife just started taking Zepbound after months of back and forth with insurance.

    There's a shortage on Ozempic, so Zepbound sales should really go up…I just hope my wife doesn't have a shortage.

    Also, I'd stick with Chipotle (CMG)…with a 50:1 stock split and expansion overseas, I think there's a lot more room for growth.

    The weight loss drugs are going to hit MCD, etc. My wife says that she just doesn't desire fast food anymore.

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    pgjacksonpgjackson Posts: 17,796 ✭✭✭✭✭ Graduate

    I can't believe adults still eat McDonalds. Just gross. KK donuts are good, but nobody should eat more than one at a time.

    If you are a McD and/or KK regular you are your own worst enemy.

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    ChopperChopper Posts: 1,274 ✭✭✭✭✭ Graduate

    This is accurate. When you see people knocking down "Krispy Macs" and "Filet o Kremes" it is truly self-harm. Next step on the downward spiral would be Nothing Bundt Cakes and Dominoes converging…

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    pgjacksonpgjackson Posts: 17,796 ✭✭✭✭✭ Graduate
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    Old_lady_dawg_fanOld_lady_dawg_fan Posts: 1,299 ✭✭✭✭✭ Graduate

    Cover your bets and invest in all four!

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    ChopperChopper Posts: 1,274 ✭✭✭✭✭ Graduate
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    ChopperChopper Posts: 1,274 ✭✭✭✭✭ Graduate
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    BEACHDAWGBEACHDAWG Posts: 3,342 ✭✭✭✭✭ Graduate
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    pgjacksonpgjackson Posts: 17,796 ✭✭✭✭✭ Graduate
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    YaleDawgYaleDawg Posts: 7,112 ✭✭✭✭✭ Graduate

    they already make close to 17/hour on average which is below the poverty line in California. I doubt this affects profit margins that much

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    CigarDawgCigarDawg Posts: 2,568 ✭✭✭✭✭ Graduate

    That's a 25% increase in minimum wage ($16/hr now) in the salary line on a P&L, which is not a non-factor. If it wasn't a significant increase, Greg Flynn wouldn't have spent money and political capital on getting an exemption from the governor for his Panera Bread locations in the state before he got exposed in the media and submitted reluctantly.

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    pgjacksonpgjackson Posts: 17,796 ✭✭✭✭✭ Graduate

    So what happens to the skilled workers who were making $20/hr? They are going to demand $30/hr (they aren't going to accept minimum wage)….then the managers making $30/hr (or around $60K) are going to demand more….and so on. It's California's own fault it's so expensive to live there. Taxes, taxes, and more taxes. This massive increase in minimum wage is going cause problems. BIG problems down the road.

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    pgjacksonpgjackson Posts: 17,796 ✭✭✭✭✭ Graduate
    edited March 30

    Y

    Yep, get ready for mass layoffs. Companies will simply reduce their workforce. McDonalds will automate their whole store. If a company can afford to pay 3 workers $10/hour, when the rate goes to $15/hour, one job will be eliminated. I have a lot of experience managing P&Ls. The first thing to go to save money is always people. Hooray for Welchian Capitalism!

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    YaleDawgYaleDawg Posts: 7,112 ✭✭✭✭✭ Graduate

    California is expensive because they don’t build enough housing

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    YaleDawgYaleDawg Posts: 7,112 ✭✭✭✭✭ Graduate

    minimum wage in Texas is $7.25 while the cost for Big Mac is a dollar more on average compared to Washington which has a minimum wage of over $16. The link between minimum wage and fast food cost just isn’t that strong. Automation is good. It increases worker productivity

This discussion has been closed.