NEW YORK (TheStreet) -- On CNBC's "Cramer's Mad Dash" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, took a look at McDonald's (MCD - Get Report) and its comparable-store sales for the month of May.
Comp-store sales fell 1% in the U.S., rose 0.4% in Europe and jumped 2.5% in Asia.
Furthermore, Bernstein suggested that sales for General Mills (GIS) and Kellogg (K) are taking a hit because more people are going out to eat in the morning. Cramer looked at Taco Bell's new breakfast line-up as a possible culprit, as well as IHOP, a brand owned by DineEquity (DIN)."If McDonald's is coming back in China, Yum is going to break out," he concluded. "The chart, by the way, looks magnificent."
-- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell >>Read More: Want to Make It as a Stock Analyst? Be One of These 3 Types There's No Justification for Crude Oil Prices in the Stratosphere Aegerion Stock May See a Resurgence After Hitting Bottom From Ongoing Controveries Why Amazon's Smartphone Needs More Than 3-D to Beat Apple's iPhone
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