I will buy shares in the McDonald's Corporation due to how well it has been performing given the economic crisis facing our country. It is trading up compared to exactly one year ago, and over the next 5 years the company is expected to increase its earnings by almost 10%. I think the state of the economy will affect McDonald's in a positive way since more people will be looking for cheaper alternatives when it comes to food. And although their food might not be the healthiest, McDonald's "Dollar Menu" is an offer many Americans will not be able to refuse when they are strapped for money, especially those who are let go from their jobs. The article from the Wall Street Journal confirmed why I should buy shares in the company. The title alone ("McDonald's Posts Robust Sales") shows how even with the poor economy, their corporation is doing better than expected. Its competition, including Burger King and Wendy's were both down during the month of February while McDonald's saw a rise of 4.8% globally.
~Sydney Carlin
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