Ask Matt: Is McDonald’s safe to buy now?

April 23, 2015 10:30 AM

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Ask Matt: Is McDonald’s safe to buy now?

A: McDonald’s has missed out on new food trends with consumers – and investors have missed out on the stock market rally. But patient, and brave, investors might start to see things to love again.

McDonald’s just-released first-quarter earnings report wasn’t pretty. But no one thought it would be. The company reported a quarterly adjusted loss of $1.01 a share, and that’s even after adding back a 17-cents-a-share charge due to strategic changes. Quarterly profit fell nearly 17% from year-ago ...

Also read: REFILE-UPDATE 1-Baker Hughes to form fracturing JV with Goldman Sachs, CSL Capital

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