Today I’ve read a couple of analyst opinions and all of them are saying that BK stock is a buy right now. Frankly, I can’t agree with them. While the stock value has been rising lately that alone cannot be a good indicator of a long-term rising trend.
If we look at the behavior of BK stock in a wider time frame we can see that it has been going around in circles and hasn’t spiked above the 40-es for a long time. While some may profit if they buy now, the road to that profit could be very bumpy with a lot of ups and downs. There are certainly better options at this point.
There are no replies in this thread yet. Be the first to post a reply below: