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McDonald's (MCD) receives an upgrade from Goldman to Buy from Neutral, and is added to the...

McDonald's (MCD) receives an upgrade from Goldman to Buy from Neutral, and is added to the firm's Conviction List. In a note to clients, Goldman cites the company's strong same-store sales and a low correlation to macroeconomic drivers. Shares +1.7% premarket.
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Comments (3)
  • deercreekvols
    , contributor
    Comments (6829) | Send Message
     
    Why didn't Goldman have McDonald's a "buy" before this? What changed with the company that suddenly makes it a "buy"?
    I don't trust GS. In my opinion, as a publicly traded company, GS should not be allowed to rate other companies. It just doesn't sit well with me.
    9 Aug 2011, 09:49 AM Reply Like
  • neobliviscar
    , contributor
    Comments (189) | Send Message
     
    Geez GS, a little late with the call.
    Where were you earlier this year when I was buying this stock hand over fist- before the stock rose +25%. It is one of the main pillars keeping the DJIA positive for the year.

     

    I still remember GS ~pounding the table~ on AVP as one of the best picks of the year not too long ago and scratching my head.

     

    I hate to consider selling my MCD, but if GS is pumping I must consider dumping.
    11 Nov 2011, 08:57 AM Reply Like
  • pdlobo
    , contributor
    Comments (85) | Send Message
     
    Dump it,I'll take it off yor hands......I thought so!
    11 Nov 2011, 03:21 PM Reply Like
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