Price differential has gone too wide.
PE RATIO FOR MCD 21 AND FOR YUM 17...
IT SHOULD GIVE THE PATH FOR CONVERGENCE OF BOTH ASSETS
PE RATIO FOR MCD 21 AND FOR YUM 17...
IT SHOULD GIVE THE PATH FOR CONVERGENCE OF BOTH ASSETS
Comment:
PERCENTAGE GAP DEPENDING ON TIME HORIZON. ON 1Y BASIS 30%. At least half of it should be harvested within 3-4 months .....