Here’s how much money you’d have if you invested $1,000 into McDonald's 10 years ago
Publishing timestamp: 2023-02-01 11:09:31
Summary
McDonald's reported strong earnings for the fourth quarter, with an increase in customer visits and 10.3% uptick in U.S. sales. The CEO gave a cautious outlook for 2023, but the company is planning to open 1900 new restaurants. If you had invested $1000 into McDonald's one, five and ten years ago, you would have seen a return of $1066, $1695 and $3270 respectively. Experts recommend investing in low-cost index funds, such as the S&P 500, which has increased by 44% since 2018.
Sentiment: POSITIVE
Tickers: MCD,
Keywords: united states, mcdonald's corp, entrepreneurship,
Source: https://www.cnbc.com/2023/02/01/mcdonalds-how-much-youd-have-if-you-invested-1000-a-decade-ago.html