Stocks of McDonald’s Corporation or MCD as listed in the Dow Jones has been on an uptrend (violet dotted line) since 2003 when it was still at $12 per share and now, it’s doing $70 per share. Imagine an almost 500% gain by holding McDonalds stocks for 7 years. It’s just amazing how the value was able to withstand the financial meltdown and maintain the trend.
Looking at the smaller picture, we see a 10-month upward trading channel (indicated by the blue dotted lines) on McDonald’s stocks and the price looks to head that direction until further breaks take place.
More on this topic
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McDonald’s Reports Higher Profits Despite Ailing Economies
(Wall Street Daily, 4/23/12)
Now Starbucks Will Do What McDonald’s Couldn’t, Crush Jamba? Uh, No…
(Value Investing, 3/26/12)
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