McDonald's (MCD) Storms China
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Price: $250.89 +1.21%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +5.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +5.6%
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From 247wallst.com
McDonald's (NYSE: MCD) is planning to open 500 new stores in China over the next three years. Why? Because it can.
McDonald’s is one of a tiny handful of large American companies which can actually take advantage of the recession to build market share and expand into attractive markets overseas.
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