Why Jim Cramer Is Not A Bottom Fisher for McDonald's (MCD) Stock

NEW YORK (TheStreet) -- McDonald's  (MCD) reported a 3.7% decline in August sales on Tuesday. TheStreet's Jim Cramer says McDonald's and its 3.5% yield is "the kind of bottom fishing" that does intrigue him because the company could get it right, though it has yet to do so.

Cramer says McDonald's real problem is Chipotle  (CMG) because the former relies on the food supply chain, of which younger people are becoming increasingly suspicious. Chipotle goes outside the food chain and relies on natural and organic foods.

Cramer says it is hard to turn a company that is traditionally not natural and organic into one that is, as evidenced by General Mills  (GIS)  buying Annie's  (BNNY) . He says this is the secular decline we are seeing in McDonald's, and he is not a bottom fisher in that stock.

Must Watch: Jim Cramer Says McDonald's Problem is the Food Supply Chain

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

MCD Chart MCD data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists