Has McDonald's Lost Its Touch?

The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith discusses topics around the investing world.With McDonald's trading closer to its 52-week low than to its high, many investors are wondering whether the Golden Arches has lost its touch. This reaction just shows how quickly the market is willing to turn on incredibly well-managed and historically excellent companies, and it also shows how unjustified that shift can be. McDonald's continues to show incredible fundamentals, and its recent decline is an overreaction to same-store sales "misses" and misplaced concerns of a global slowdown. While the latter may be a reality, it won't hit McDonald's as badly as the market seems to think.

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