Topic: Growth Stocks

MCDONALD’S CORP. $97 – New York symbol MCD

MCDONALD’S CORP. $97 (New York symbol MCD; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 941.8 million; Market cap: $91.4 billion; Price-to-sales ratio: 3.5; Dividend yield: 3.5%; TSINetwork Rating: Above Average; www.mcdonalds.com) plans to start selling breakfast items all day. The move could increase its U.S. sales by up to 2.5%.

McDonald’s has also announced that it will only use eggs from chickens that haven’t been raised in cages. This should boost its appeal among increasingly health-conscious, environmentally aware consumers.

The company expects to make this switch by 2025. It purchases about two billion eggs in the U.S. annually, and its Canadian business buys roughly 120 million.

McDonald’s is a buy.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.