Tag: McDonald’s
-
Top Reasons McDonald’s Stock is Soaring
McDonald’s (MCD) stock was crushed over the last few weeks. In fact, thanks to concerns about disruption to its business, with Russia’s invasion of Ukraine, the stock fell from about $260 to $217. While the stock has since recovered to $246, we believe it could test $270, near-term. For one, tensions between Russia and Ukraine…
-
Why Beyond Meat is Sizzling Hot Today
Earlier this month, we highlighted opportunity in Beyond Meat (BYND). At the time, it traded at $63 a share. McDonald’s had just said it was rolling out a test of BYND’s plant-based burgers in 600 stores in Texas. It was also up on news it will release a vegan beef jerky snack as part of…
-
Why the Beyond Meat Stock is Pushing Higher
Earlier this week, we highlighted Beyond Meat (BYND) as a potential opportunity. At the time, it traded around $63 a share. Today, it’s up to $66.75 on news McDonald’s is rolling out a test of BYND’s plant based burgers in 600 stores in Texas. It’s also up on news it will release a vegan beef…
-
Don’t Count Out Beyond Meat Just Yet
The market has made mincemeat out of BYND in recent months. However, with a strong plant based food markets, give it time. According to analysts at Credit Suisse, plant based food could increase 100-fold to $1.4 trillion by 2050. In fact, they believe that a plant-based shift in global food systems in “inevitable,” as noted…