Yum! Brands had a decent Q4 - good time to buy now?

jillybeansisme answered 10 months ago …

According to my records, it has been trading in the range of $24.97 - $32.74 since the end of Sept.'08. While I won't sell the shares I own, I don't know that I would rush to buy it either. It was at $28.10 yesterday, which is midway in the range, but trending downwards for the past month. That being said, YUM does cover alot of ground as far as being a world wide entity and the markets should be strengthening over the next year or so. If you plan to hold onto it, it could be a good buy because it should rise nicely once the economy strengthens. If you like trading, then there are probably better opportunities.