Should You Buy McDonald's Stock While It's Below $280?
Tue, Apr 23, 2024 6:44 PM

Should You Buy McDonald's Stock While It's Below $280?

A Flip by Riya Sharma
Get it on Google Play
Despite its recent pullback, the S&P 500 is still up 5% year to date (as of this writing). But not all businesses have continued to rally alongside the broad market.McDonald's (NYSE: MCD), arguably the most well-known restaurant chain on the face of the planet, is one such laggard. Its shares have dipped 8% since they hit a fresh all-time high in January, leaving them down 7% year to date.

More great flips

Federal Reserve's Bowman says inflation to remain elevated for 'some time"

Federal Reserve's Bowman says inflation to remain elevated for 'some time"

Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated for some time, but added she still anticipates price gains will eventually cool with interest rates held at current levels.Bowman, the first Fed official to speak since Chair Jerome Powell's remarks Wednesday, said recent inflation data suggest the low readings seen at the end appear to have been temporary.

Open Flip
Genus Power Infrastructures incorporated a wholly-owned subsidiary!

Genus Power Infrastructures incorporated a wholly-owned subsidiary!

Genus Power Infrastructures Limited has officially announced the incorporation of its wholly-owned subsidiary, "GENUS ALFA SMART METERING PRIVATE LIMITED," as of May 1, 2024. The subsidiary's particulars include an authorized capital of Rs 1,00,000 and a subscribed capital of the same amount. It is considered a Related Party and functions as a wholly-owned subsidiary of Genus Power Infrastructures

Open Flip
Smallcaps offering double-digit weekly returns fall to 29

Smallcaps offering double-digit weekly returns fall to 29

The number of smallcaps offering double-digit returns fell this week due to a broad-based correction in the domestic market. This was on the back of a cautious Fed, which kept the key rates unchanged, highlighting the concerns around inflation. During the week, only 29 smallcap stocks gained in double-digits with Newgen Software Tech being the top gainer from the pack, offering 27% returns.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon