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Guy Adami Is A Buyer Of Lions Gate & McDonald's

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CNBC Fast Money's Guy Adami said it looks like that the bad news is already priced in for McDonald's (NYSE: MCD).

Adami thinks that the price level it is trading at 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 percent on Friday and closed at $93.55.

Adami also likes Lions Gate Entertainment (NYSE: LGF). The stock had a big sell off, but spiked 7.51 percent on Friday to $32.63.

Posted-In: Guy AdamiCNBC Long Ideas Fast Money Media Trading Ideas

 

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