These stocks are close to forming the dreaded 'death cross' — including McDonald's and Wells Fargo

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CNBC Pro found just under 20 stocks, from financial giants to restaurant operators, that are close to forming a death cross.

Take a look at the names below: One of them is McDonald's , which has fallen 3% since the start of this year. Analysts surveyed by FactSet are confident in the stock, assigning an average rating of overweight and a price target that implies shares could rally more than 28% from Tuesday's close. McDonald's announced in late September that it will hike royalty fees for the first time in nearly three decades. Franchise royalty fees for U.S.

The incident represents a material risk to the company, MGM Resorts said, and could also hurt its credit rating, according to major credit rating agency Moody's. Deere also made the list. The agricultural equipment maker has plunged 12% this year. Analysts covering the stock have assigned an average overweight rating and $444.26 price target, suggesting roughly 19% upside.

 

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