HomeAbout

TL;DR CNBC


Jim Cramer says this lagging restaurant stock could help kickstart the Dow - TL;DR CNBC

Jim Cramer says this lagging restaurant stock could help kickstart the Dow

Publishing timestamp: 2023-09-07 10:59:30


Summary

The article discusses McDonald's recent underperformance in the stock market and the potential impact of a bullish call from Wells Fargo. It mentions that McDonald's stock rose 1% after the upgrade and highlights the potential for the stock to separate from the Nasdaq in September. The article also mentions the potential pressure on U.S. consumer discretionary spending and suggests that McDonald's may be more insulated due to its recent underperformance.


Sentiment: NEUTRAL

Tickers: MCDSBUX

Keywords: jim cramerstock takesinvestingclubsamplestarbucks corpbusiness newsbreaking news: marketsrestaurantsinvestment strategymcdonald's corpmarkets

Source: https://www.cnbc.com/2023/09/07/jim-cramer-says-this-lagging-restaurant-stock-could-help-kickstart-the-dow.html


Developed by Leo Phan