Monday, August 18, 2008

McDonald's is Doing Alright!


I believe on July 24th I posted a little article on how McDonald's would be a good stock pick to add to your portfolio. Well, I hope some of you listened because it has been going for a pretty nice ride since then.

When I wrote my post in favor of the "golden arches" it was trading at $58.37 and it closed this past Friday at $64.20. That's right, if you would have picked up a couple shares of Mickey-D's you would have made a nice little premium.

Yup, I'm going to run some analysis on a few other picks and we'll see how I do.

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