McDonald's (MCD) has been a dullard for quite some time, as all will know, underperforming the market the past 2-3 years. By our work, it is right to get long McDonalds at this time, playing for a breakout to new highs (see absolute chart) and playing for a catchup trade to the S & P 500 index (see comparative chart). DISCLOSURES: All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADV
McDonald's is ready for a breakout, says Carter Worth
CNBC Investing9 hrs ago
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