McDonald's In Focus As Interest Rates Continue To Soar: CNBC's 'Final Call'

On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management recommended not to trade on Wednesday. "Too much uncertainty, [and the] market can go very big in one way or another," she added.

Joseph Terranova of Virtus Investment Partners said the biggest question for the market is whether there will be a "calming in the interest rate volatility." This is unlikely to happen, he added, and recommended McDonald's Corporation MCD, which he said "works well in your portfolio."

Oatly Group AB OTLY recently inked a new deal with McDonald's that will bring Oatly Barista Edition to all McDonald's McCafé locations in Austria.

Don’t forget to check out our premarket coverage here.

Stephen Weiss of Short Hills Capital Partners named U.S. 1 Year Treasury Bill as his final trade.

Price Action: McDonald's shares closed at $267.87 on Wednesday.

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Posted In: NewsPenny StocksSmall CapTop StoriesMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJoseph TerranovaLiz YoungStephen Weiss
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