Tim Seymour said on CNBC's Fast Money that the food sector is a tough place to be right now, but he thinks the valuation and risk-reward for McDonald's Corporation MCD are the best in the space. He also likes its dividend yield and the management team.
Brian Kelly would wait for McDonald's to pull back to $102, before he considers buying the stock.
Guy Adami believes that Chipotle Mexican Grill, Inc. CMG could trade sharply higher on any positive news. He also likes Jack in the Box Inc. JACK and he would buy McDonald's if it drops to $105 after earnings.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
