Jim Cramer Discusses Strong Movement In McDonald’s (MCD) Stock

MCD +2.74%

We recently published 9 Stocks Jim Cramer Talked About. McDonald’s Corporation (NYSE:MCD) is one of the stocks that Jim Cramer talked about.

Fast food giant McDonald’s Corporation (NYSE:MCD)’s shares are up by 5% over the past year and by 7.5% year-to-date. Ahead of the firm’s earnings report, investment bank UBS reiterated a Buy rating and a $350 share price target. It pointed out that McDonald’s Corporation (NYSE:MCD) shows strong same-store sales growth and momentum in international markets. It added that the fast food company could also gain market share throughout 2026. Guggenheim also discussed McDonald’s Corporation (NYSE:MCD)’s stock in February. It raised the share price target to $325 from $310 and kept a Neutral rating on the stock. As per the financial firm, McDonald’s Corporation (NYSE:MCD)’s same-store sales and earnings per share should grow faster than previously expected in 2026. While Cramer didn’t directly mention the stock, he did comment on its performance after co-host Carl Quintanilla pointed out that McDonald’s Corporation (NYSE:MCD) had performed well on Thursday:

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“All great companies, this felt like, not 2023, when we had a comeback from COVID. Not 2016 when we had a comeback from the China problem. It felt like pre-FANG, it felt like pre FANG was invented. In 2013. Because those were so exciting and those pulled away. No, the companies that are pulling away are all household names. I say welcome back to traditional investing which is so much fun. We’re not looking at annual revenue. . .annual revenue rate, we’re not doing that. We’re not doing the Rule of 40, I mean as much as I like what Palantir is doing, I mean let’s give the due to some of these companies that are fantastic that we remember. I’m talking about great American companies. . .”

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Disclosure: None. This article is originally published at Insider Monkey.