The world's largest burger chain andcomponent has hit all-time highs 18 times in 2019, racing 17% higher. A positive July would mark its seventh straight month in the green.
A move to the mid-$800s would mark a roughly 16% rally from its current $732 level. The stock has never traded above $800. A few tailwind themes have coalesced around these fast-food stocks that should continue to fuel their outperformance, says Steve Chiavarone, portfolio manager at Federated Investors.
Chiavarone adds that a number of these companies are adapting to changing demographics and tastes and their evolution is paying dividends. McDonald's, for example, has introduced self-serve kiosks, all-day breakfast, and higher-quality ingredients in the past several years.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
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