McDonald’s stock is soaring because of… automation

[rangerrebew]

McDonald’s stock is soaring because of… automation

Jazz ShawPosted at 2:01 pm on June 25, 2017

They’re popping the champagne over at McDonald’s HQ this month and they have every reason to do so. Wall Street analysts have increased their projections for the fast food giant’s performance on the stock market this year in a big way. Their estimated target share price has been bumped up by nearly 20% and the current stock price is surging in response. And what was the cause of this optimism? Some new secret sauce recipe for the Big Mac? Making the McRib permanent?

http://hotair.com/archives/2017/06/25/mcdonalds-stock-soaring-automation/

[berdie]

I hate to say this...but if I were inclined to start a business..I would look toward automated.

I've seen changes in the market place in the last 20 years that just aren't pretty.

[Rivergirl]

The fact that they are serving breakfast all day has been a huge hit with their customers.   It's not jut automation.

[EC]

The fact that they are serving breakfast all day has been a huge hit with their customers.   It's not jut automation.

Don't rub it in. They discontinued the Big Breakfast over here a couple years ago - and thus my only reason other than using the loo to ever go into McDonalds.

[andy58-in-nh]

"Do you want fries with that?"

[Idiot]

Our local Subway's installed a touch screen entry at the drive thru.  I hate the thought of touching the screen that hundreds of others have touched before me.  I think I'll continue to stay away from Mickey D's.