Glenn Busch

Author Archives: Glenn Busch

McDonald’s is a 57c Dollar Bill

In Glenview Capital Management’s 4th quarter letter they break down their investment thesis in McDonald’s (MCD) and the steps they think the company can take to reach a value of $169 per share. 1) Operational turnaround. While the broader category continued to generate positive same store sales in 2013 and 2014, McDonald’s same store sales […]

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Top Dividend Picks at the T. Rowe Price Dividend Growth Fund Look Familiar

Looks like someone has been reading the AMM Dividend Letter. From Barrons. Q: What is your best stock pick? A: After not holding General Electric for many years, we’ve come back to the stock in the past six months. It makes sense right now to own some large-cap, high-yielding names with durable businesses. Though Wall […]

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AbbVie Buys Half a Drug for Big Money

Current portfolio holding AbbVie (ABBV) is taking a hit today after announcing a $21 billion cash and stock deal to buy Pharmacyclics (PCYC). The sell-off is due in part to the terms of the deal. The shares being issued in the deal could potentially dilute current shareholders by 10%. The other reason is the high […]

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