Is McDonald’s About to Tank?
June 01, 2016 at 08:48 AM EDT
Ray Dalio bought McDonald's (MCD) shares last quarter. Dalio believes that the company may benefit from escalated food-traffic tied to blunders at other fast-food rivals, mainly Chipotle Mexican Grill. Earlier this month, McDonald's reported its first quarter results. The company's comparable sales surged 6.2 percent throughout the starting three months of 2016. It seems that ... READ MORE Read the rest of Is McDonald’s About to Tank? at InvestorGuide.com .