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Buy Yum! Brands ahead of earnings? |
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| Oct 05, 2009 08:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Forecasts, McDonald's (MCD), Yum Brands (YUM), Wendy's Intl (WEN), Burger King Hldgs (BKC)  At the time of this writing, shares of Yum! Brands (NYSE: YUM), a company that competes with McDonald's (NYSE: MCD), Burger King (NYSE: BKC), and Wendy's/Arby's Group (NYSE: WEN), were trading higher by well over 4%. Volume was doing well, too. Interestingly enough, Yum! Brands will be reporting Q3 earnings on Tuesday, October 6, after the bell. Does this mean that you should buy in ahead of the release?
On the surface, I suppose the market is telling you that Yum! Brands would indeed make a good earnings trade. Not only is the stock up nicely this afternoon, but it isn't too far from a 52-week high. Continue reading Buy Yum! Brands ahead of earnings? Buy Yum! Brands ahead of earnings? originally appeared on BloggingStocks on Mon, 05 Oct 2009 15:00:00 EST. Please see our terms for use of feeds. Read | Read | Permalink | Email this | Comments
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