Mcdonald's Bulls Need A Reality Check

newsfeedback@fool.com (Daniel B. Kline), The Motley Fool
Thu, 08/17/2017 - 4:30am

McDonald's (NYSE: MCD) has reinvigorated its business in the United States and globally. That has happened partially through menu innovation and partly through technology.The company, which reported a 6.6% comparable sales increase globally in Q2, has also seen its stock move in the right direction. After opening 2017 at $121.86, McDonald's shares closed on August 14 at $157.26, a 29% increase.That's a very optimistic increase fueled in part by CEO Steve Easterbrook's comments in the Q2 earnings release:Continue reading

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