The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and Chief Technology Officer Jeremy Phillips discuss topics across the investing world.
In today's edition, Austin and Jeremy discuss the market's over-reaction to McDonald's same-store sales miss. The high expectations placed on the company overshadowed a reasonably impressive quarter, but the company took a small hit. Austin thinks the company is still incredibly well-run and that Wall Street's overly zealous expectations don't dilute McDonald's potential for a great long-term buy.
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