Good Company, Bad Time to Buy

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If you were forced to buy either Priceline.com Inc. (Nasdaq: PCLN), which sank more than 100 points yesterday (Wednesday), or McDonald's Corp. (NSYE: MCD) which reported its July same-store sales were the worst in almost 10 years, what would you do?

Money Morning's Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business' "Varney & Co." on Thursday to answer that question.

The global and European economic uncertainties have a severe negative impact on both companies' recent earnings and future outlooks. Although both are good companies, they're not both good "Buys" right now.

Watch the entire accompanying video to get Keith's full analysis on which company will rebound in a few weeks, and which one to avoid for longer.

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  1. H. Craig Bradley | August 9, 2012

    Is Keith FitzGerald Stuart Varney's New Lapdog, eager to entertain and especially, amuse Stuart Varney??

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