Actionable news
0
All posts from Actionable news
Actionable news in MCD: MCDONALD'S CORPORATION,

Now Is the Time to Take Profits in McDonald's

McDonald's (MCD) , the fast-food behemoth will report second-quarter results before the opening bell Tuesday.

Sell now. Here's why.

For one thing, shares are likely to drop after the earnings because McDonald's is likely to guide conservatively to offset pressures not only from the strong dollar, but also the unknown long-term impacts of Britain's vote to leave the European Union.

Another reason is "All-Day Breakfast" is getting old and the company needs to come up with new, hot products to revitalize sales...


More