This Day On The Street
Continue to site right-arrow
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

A Look at McDonald's as Casual Dining Chain Shake Shack Goes Public

1/30/15 8:00 AM EST
Given that the casual dining chain Shake Shack goes public today, we take a look at competitor McDonalds .....It's today's chart of the day. Shake Shack goes public today and begins trade at a range much higher than initially expected. Its been the same story for similar casual dining chains that have gone public in the last two years and had stupendous first trading days. El Poco Loco, Potbelly, Noodles to name a few. McDonalds in the meantime has made multiple changes to its menu, and keeps losing ground. Sales have been declining for months, even as companies are charging twice as much as McDonalds for a burger. Truth be known, the consumer is demanding healthier, fresher food, and a company like Chipotle, which was part of the McDonald's empire until 2006, has been the big winner. If you look at El Poco Loco and Potbelly, despite their frothy beginnings, are trading near 52 week lows because there is still a lot of competition out there when it comes to fast food dollars. McDonald's is trading off its 52 week high around 88 dollars a share. At its peak in the last year, its traded as high as 104 dollars a share.
Stocks in this video: MCD

Select the service that is right for you!

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