One Thing Wall Street Missed About McDonald's

Six months ago, Wall Street was gloom and doomy about McDonald’s, sending its stocks below $100, towards the $90 mark. There was a good reason for that: the company was in the midst of a prolonged same store sales decline that made analysts uneasy about the future of the legendary franchise. Now, Wall Street is cheerful about McDonald’s, sending its shares north of $120. There is a good reason for that, too. On Monday, the company reported a big jump in same stores sales, ahead of analyst es...