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Mcdonald’s Moves Into Oversold Territory – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/22901/Mcdonald%27s+Moves+Into+Oversold+Territory+-+Zacks+Tale+of+the+Tape
 Posted on Tuesday, July 28th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Mcdonalds Corp.’s (MCD) share price has entered into oversold territory with a stochastic value of 14.61. The Zacks #2 Rank (“Buy”) stock has topped the consensus forecast in each of the last 4 quarters with an average surprise of 3.83%, or 4 cents per share. Analysts have been increasing their estimates on the company’s full-year earnings, with the consensus up 9 cents over the past 2 months to $3.88 per share.
“MCD” Free Stock Analysis: Buy? Sell? Hold?
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