May 18, 2016

McDonald’s Corporation Stock Up 40%: Can the Rally Continue?

The Golden Arches are delivering impressive performance on the back of product and service innovations. Can the company sustain this bull run going forward?

McDonald's (NYSE:MCD) has been firing on all cylinders lately. Shares of the fast food giant are up more than 40% from their lows of the past 12 months, putting the stock at historical highs as sales growth accelerates. Let's look at the main drivers behind this impressive rally and, perhaps more importantly, what the stock has to offer for investors looking ahead…