Guy Adami Is A Buyer Of Lionsgate And McDonald's

CNBC Fast Money's Guy Adami said on the show that it looks like that the bad news are already priced in for McDonald's Corporation MCD. He thinks that the price level it is trading now is going to hold, just as it held before and he expects to see a bounce in this name. McDonald's gained 0.26% on Friday and it closed at $93.55. Guy Adami also likes Lions Gate Entertainment Corp. (USA) LGF. The stock had a big sell-off, but it continues to hold 28-29 level and it spiked 7.51% on Friday to $32.63. This is a stock you want to own, thinks Mr. Adami.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasConsumer DiscretionaryGuy AdamiMovies & EntertainmentRestaurants
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!