Wednesday, September 7, 2011

McDonald's (MCD) Monthly and Weekly Charts | The Roll Continues

Today's news treated us with an announcement for the renovation and upgrading of McDonald's restaurants across Canada.  To the tune of $1B.  Fireplaces included.  The competition has innovated a little on their own.  Positions recently taken by Tim Horton's to keep the competition real include supersize my coffee and the footballs.  The story of McDonald's (MCD - Weekly and Monthly charts below) as an investment has been rather stellar.  Barely a blip during the 2008-09 crisis.  There are many fundamental reasons why this stock price will continue to gain value.  Though for now, we continue to watch things unfold in Europe - that could be a game changer.


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