Better Buy: Sprint vs. McDonald's
Sprint (NYSE: S) and McDonald's (NYSE: MCD) are storied brands that were headed in different directions last year. Ailing Sprint struggled in 2019, while McDonald's was looking toward technology to help transform its business.
Enter 2020, and the landscape has somewhat changed. McDonald's has a new CEO after the predecessor was fired. Meanwhile, a federal judge approved Sprint's merger with T-Mobile (NASDAQ: TMUS) in February, just days after Sprint's moribund stock hit a 52-week low of $4.26 a share. The judge's approval sent shares in the opposite direction to a high of $10.16 a share just three weeks later.
Now, we're in the midst of an unprecedented economic downturn brought on mostly by the COVID-19 pandemic. Let's examine how fortunes may have changed for Sprint and McDonald's in 2020 and see if it can help to determine which stock is the better buy right now.
Source Fool.com
