MCD - Jack in the Box Looks for Growth After Qdoba
Investors in Jack in the Box (NASDAQ: JACK) went on a ride in 2019. It wasn't a volatile ride -- the stock has traded sideways. Rather, it was an emotional ride. After exploring strategic options, the company ultimately opted not to sell itself, and is searching for alternative ways to reward shareholders. Furthermore, it's now completely done with its other brand, Qdoba, once seen as its primary growth vehicle.
With these transformative decisions behind it, Jack in the Box has laid out its business plan. No matter what you think of its burgers, it's important to know whether the ride will be better in 2020 and beyond.
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