January 22, 2010
Today McDonald's announced strong fourth quarter results. In 2009 McDonalds served more than 60 million customers! This is up more than 2 million from 2008. McDonald's is a fundamentally sound company that has mastered the art of globalization as well as marketing. In 2009 global sales increased by 3.8% , which marks the 6th consecutive year of sustained global growth. The company has also stated that it would like to expand the number of restaurants throughout the world in 2010.
McDonald's appears to be a good stock idea for the investor that is looking for modest growth with a little income. If you are looking for a "risky" stock that has the potential to double or triple, McDonald's most likely is not it. McDonald's is a relatively conservative play that should allow you to sleep easy at night.
(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).