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Two new Breakout Stocks for Week 25 with better than 10% short-term upside potential and two Dow 30 Picks. Average cumulative returns now up to +80.4% YTD. High frequency breakouts continue despite Negative Momentum Gauge® signals with peak gains in 1 of 4 picks above 10%: RLX +1...
While the overall market focused on macro issues, like the economy and interest rates, a few individual stocks moved on corporate news during Thursday's midday trading. Kroger (KR) slipped following the release of its quarterly results. Meanwhile, Beyond Meat (NASDAQ:BYND) and Expedia (...
Argus maintained a Buy rating on McDonald's Corporation (NYSE:MCD) and kept the restaurant stock a Focus-List Selection. Underpinning the confidence in MCD, the firm prefers large restaurant chains like McDonald's that offer value menus, spend heavily on advertising, and have clean balance sh...
Beyond Meat (NASDAQ:BYND) stock slipped on Thursday after BTIG indicated the McPlant offered at McDonald’s (MCD) is not as popular as expected. “Our recent franchise checks indicated the McPlant market tests at McDonald's (MCD) were disappointing, coming in at or below the low-e...
Consumer Discretionary companies were hit by China's economic slowdown. Lockdowns in China were the reason for economic slowdown. XLY looks like an interesting bet as the situation in China is improving. Tesla, McDonald's and Nike are the most sensitive to a situation in China...
McDonald's Corporation (NYSE:MCD -0.3%) said it has agreed to pay roughly $1.3B in fines and back taxes to settle a long-running tax dispute in France and avoid a lengthy trial. The details of the deal will be described at a court hearing, according to reporting from The Wall Street Journal. ...
Stocks rose on Tuesday, as the market tried to claw back some of Monday's steep declines that pushed the S&P 500 back into bear market territory and traders looked ahead to a key monetary policy announcement from the Federal Reserve. The Dow Jones Industrials recaptured 59.03 points...
Wells Fargo says it is time to close out reopening trades and focus on the new landscape of a slowing economy. The rise in the 2-year Treasury yield (SHY) above 3% was the catalyst for a hard economic landing to become the base case, senior equity analyst Chris Harvey wrote in a note Tuesday....
Beyond Meat is a leader in the plant-based food market. The growth within the industry historically and into the future looks fruitful, but the nature of the market is changing with the introduction of new entrants. BM is losing its competitiveness and its financials are a mess. W...
Carl Icahn’s 13F portfolio value decreased from $22.29B to $21.87B this quarter. They reduced Cheniere Energy and Newell Brands during the quarter. They also dropped Occidental Petroleum. Icahn Enterprises, CVR Energy, and Cheniere Energy are the three largest positions. ...
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2024-08-02 04:20:00 ET Share prices of McDonald's (NYSE: MCD) were climbing higher despite the company missing analyst estimates when it reported its second-quarter results earlier this week. Customers have begun to push back on higher prices, which led the company to extend its $5 ...
2024-07-31 10:01:06 ET During the pandemic, McDonald's (NYSE: MCD) grew with the help of higher prices, which customers were willing to pay. But as inflation has eaten into pocketbooks, the company's prices have become a problem, which Travis Hoium highlights in this video. *S...
2024-07-30 16:40:00 ET McDonald’s ( NYSE:MCD ) dropped from grace this wee k as it recently reported its first decline in global same-store sales in nearly four years. The stock saw a 1% drop in the second quarter of 2024. This miss, alongside a slight revenue shortfall a...