Top 10 Summer Stocks
OptionsZone Experts, May 22, 2009
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Top Summer Stock #2: McDonald's
Talk about a billions sold, how about the company that started keeping track of how many it served in billions? Fast-food giant McDonald's (MCD) didn't get so big without being a summer eating destination. With the kids out of school and on vacation, a trip to the Golden Arches is an American youth pastime.
With the economy still stuck in a rut, getting maximum value for your dining dollar is a big concern. The food offered up by "Mickey D's" has always come at a low cost, and judging by the number of burgers, shakes and fries American's order each day, people of all shapes, ages and sizes are saying, "I'm lovin' it." This summer should be another great one for MCD's bottom line.
McDonald's is one of the Top 10 'New Frugal' Stocks. See what other restaurants made the list.
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