At Long Last, a Grassroots-Led McDonald's Worker Uprising
A disturbing lawsuit sprung up recently involving McDonald's workers. Belus Capital Advisors' Brian Sozzi thinks the development deserves careful attention from investors in low wage sectors and believes there is a McDonald's worker uprising brewing. Sozzi dug into McDonald's recently released annual report in light of this news and found one key problem facing investors should more of these lawsuits arise. McDonald's being on the hook for a large settlement could alter the company's future.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for
Men's Health
magazine.
