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.