This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer: McDonald's Results 'Blew Me Away' But Not in a Good Way

Susannah Lee
7/22/14 1:17 PM EDT
The major U.S. markets moved higher at midday on Tuesday powered by positive economic data and a flood of big names reporting earnings. On the economic front, consumer prices gained in June, mainly due to higher gas prices. Existing home sales rose for a third straight month in June. Homebuilder stocks like Toll Brothers (TOL), Lennar (LEN) and D.R. Horton (DHI) are all trading higher following the release of the housing sales data. A slew of companies reported results before the opening bell including results from Chipotle Mexican Grill (CMG) that far exceeded Wall Street's expectations. Shares of Chipotle are being generously rewarded in Tuesday's session, gaining 10%. McDonald's (MCD) shares are adding to their decline after reporting earnings that missed estimates. Jim Cramer says the numbers surprised him and he isn't a fan of the stock. After the bell, investors are waiting for Apple (APPL) and Microsoft (MSFT) to report. TheStreet's Susannah Lee reports from Wall Street.
Stock quotes in this video: MCD, CMG, KO, LEN, TOL, DHI, AAPL, MSFT

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs