5 Best Blue Chip Stocks To Buy Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Dan Caplinger]
McDonald's (NYSE: MCD ) , also a defensive favorite, had its own problems today, falling from new highs to end down 0.4%. For the fast-food giant, an outbreak of bird flu in China could lead to reduced numbers of customers in the emerging nation, which has been an important part of the McDonald's growth story in recent years. Reported price cuts could help, but they might also merely exacerbate sales declines by trimming margins and leading to further weakness.
- [By Shauna O'Brien]
Wells Fargo reported on Wednesday that it has cut its rating on fast food giant McDonald’s Corporation (MCD).
The ratings firm has downgraded MCD from “Outperform” to “Market Perform,” and has given the company a valuation range of $100 to $102. This range suggests up to a 6% increase from the stock’s current price of $96.38.
Analyst Jeff Farmer commented: “In 2013, MCD’s Global quarterly SSS comparisons eased dramatically as the year progressed, falling from +7.3% in Q1 2012 to +0.1% in Q4 2012. The increasingly favorable comparisons meant very little with both Global and U.S. two-year SSS trends materially decelerating in 2013 despite the more favorable comparisons. McDonald’s U.S. market share losses in three of the last four months through November have increasingly captured our attention. MCD largely a! ttributed its softening 2012 U.S. SSS results to the combination of a lack of meaningful new food news and relatively late response to increasingly value-focused promotional efforts from its key competitors. MCD was more aggressive in 2013 with both new products and promoting value, but the company’s recent U.S. market share losses suggest that the long-delayed raising of the competitive bar by WEN and BKW is creating a tangible top- line headwind for McDonald’s, and one we expect to persist in 2014.”
McDonald’s shares were down 58 cents, or 0.60%, during pre-market trading Wednesday.
- [By Quantum Research]
The worlds largest restaurant company by revenue, McDonalds (MCD), is losing its popularity among young customers. The company is facing the worst slump in a decade that appears to signal tougher times ahead.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-blue-chip-stocks-to-buy-right-now.html
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