"It doesn't matter," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio said on CNBC's "Cramer's Mad Dash" segment.
McDonald's is "a value play," he said. Cramer liked the company's global comp-store growth of 0.5%, despite U.S. comp sales falling 1.7%.
The stock will pay investors a 3.5% dividend yield to wait for the company to get back on track, he suggested. McDonald's also has strong pricing power, unlike many smaller-growth restaurant chains such as Chipotle Mexican Grill (CMG).Turning to Facebook (FB - Get Report), Credit Suisse upgraded the stock, which reports earnings Wednesday, to buy from hold. From the analyst's report, Cramer said that based on 2016 estimates, Facebook -- an AAP holding -- is cheaper than the S&P 500. This is one of the "most bullish calls I've ever seen" the day ahead of an earnings report, he concluded.
-- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
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