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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese Stocks Are at the Mercy of Trade Talks but Cushioned by BeijingAnalysts say Chinese stocks could continue to drift unless the outlook for global trade brightens or Beijing acts more decisively to spur growth China is about to take a great fall. All the Chinese will be able to put China back together again. As a consumer society. I think they are running out of tricks. Monetary easing is facing diminishing returns and will cause more problems than it will solve for the economy.
Source: WSJ - 🏆 98. / 63 Read more »
The 10 Top-Performing Stocks Of 2019Take a look at the ten stocks that have shown the greatest returns this year to date. bitcoin is a better investment! I prefer bitcoin!
Source: Forbes - 🏆 394. / 53 Read more »
The best performing stock so far this year is a cosmetics companyBeauty company Coty is the best performing stock in the S&P 500 so far this year. StateOfFashion DealBroker hm $HM [1] Governance Report ✅ [2] Sustainability Report ✅ [3] Secure HTTPS Website ✅ khloe Caradelevingne jeannasmialek SaraEisen MelissaLeeCNBC jimcramer
Source: CNBC - 🏆 12. / 72 Read more »
These five telco stocks may be worth investing in, says Morgan StanleyRevenues at telecommunications companies are set to revive again after years of decline, predicted Morgan Stanley in a Thursday report — that could spell good news for telco stocks. Advice from Morgan Stanley!!! Do the opposite
Source: CNBC - 🏆 12. / 72 Read more »