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Mcdonald’s Moves Into Oversold Territory

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July 28, 2009 |Comments: 0
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MCD

Mcdonalds Corp.’s (MCD) share price has entered into oversold territory with a stochastic value of 14.61. The Zacks #2 Rank (“Buy”) stock has topped the consensus forecast in each of the last 4 quarters with an average surprise of 3.83%, or 4 cents per share. Analysts have been increasing their estimates on the company’s full-year earnings, with the consensus up 9 cents over the past 2 months to $3.88 per share.

Read the full analyst report on MCD

 
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