McDonald’s (MCD) - Why the Run is Done at $100
McDonald’s (NYSE: MCD) run to $100 has been impressive, but it could end abruptly over the next few days. My reasoning has little to do with the round number, and a lot to do with an imminent event that I believe could remind investors of the reason why the stock was a dog of the Dow to begin with. While MCD has had a nice run since hiring its new CEO, it’s now show me time and the precedent isn’t good. See my full short report on McDonald's here.
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Industry-Restaurants, MCD, Short Ideas, Short-Stock-Ideas, Stocks, Stocks-2015-Q1
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