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The Wild Reason McDonald’s Shares Hit a New High Last Week


The Wild Reason McDonald’s Shares Hit a New High Last Week

In this MarketFoolery video segment, host Chris Hill and Supernova and Rule Breakers' David Kretzmann dissect the ridiculously good comps in last week's quarterly report for the world's second-largest fast-food chain. Nobody was expecting anything like this, especially amid the "restaurant recession." So how did they do it? And what's coming next from new CEO Steve Easterbrook?

A full transcript follows the video.

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Source: Fool.com

McDonalds Corp. Stock

€245.05
0.060%
With only a change of €0.15 (0.060%) the McDonalds Corp. price is nearly unchanged from yesterday.
The stock is one of the favorites of our community with 51 Buy predictions and 1 Sell predictions.
As a result the target price of 295 € shows a positive potential of 20.38% compared to the current price of 245.05 € for McDonalds Corp..
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