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Business
Chris Markoch

MYSTERIOUS: Mcdonald s earnings could cement its defensive appeal | Mind Blowing Facts

MCD McDonald

It’s worth noting that in a week when many stocks are getting slaughtered, shares of McDonald’s Corp. (NYSE: MCD) are up 2.7% in the five trading sessions ending Feb. 5. That has MCD stock near a 52-week high. It’s a confirmation of two things:

  1. The rotation out of technology stocks continues.
  2. This is a flight to quality, as well as safety.
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