Tuesday, August 30, 2011

BRIC Building: Arcos Dorados



Yesterday I talked about one of my favorites, Arcos Dorados Holding. I said to watch the $26 level because it's been a level of resistance. Today it has shot up well past $26 and if it closes above this level it's a screaming buy.

This is not a recommendation to buy or sell any securities. DAK was long ARCO at time of publication but positions can change at anytime. 

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