|Day's Range||154.43 - 155.45|
|52 Week Range||110.33 - 155.45|
|PE Ratio (TTM)||27.30|
|Dividend & Yield||3.76 (2.43%)|
|1y Target Est||N/A|
The biggest change in the investment landscape is leaving a huge opening for an old-school strategy: picking stocks.
Economic Fallacies: McDonald's stock has hit new highs in recent days, despite fast-food industry woes. Why? Mickey-D's is replacing 2,500 human workers with digital kiosks this year. Way to go, minimum-wage advocates! Working from the absurd idea that if higher wages are good for individual workers, it must be socially beneficial to have government order all employers to pay their...
McDonald's decision earlier this month to end its longstanding sponsorship of the Olympics (dating back to 1976) was met with shock and surprise by observers in the wake of the International Olympic Committee's carefully-orchestrated announcement of the news. At the time, McDonald's (MCD) said its decision was prompted primarily by a desire to focus on other business priorities as CEO Steve Easterbrook continues his wide-ranging crusade to turn around the burger behemoth. For one, might it have been the IOC's wish not to have to keep explaining its ties to McDonald's, coupled with the burger chain's desire to counter the ongoing negative publicity tied to public health concerns that have seemingly hit McDonald's with ever greater force at every Olympics in recent times?