McDonalds (MCD)

Update to my Black friday predictions. Retail sales were strong and the fast food stocks, MCD in particular benefited from them big time. Look for really strong sales numbers from MCD this quarter! For one the McRibs coup worked like a charm. I know people that went to McDonalds 10 times in the last 6 weeks just to get the "
Limited" time only McRibs. Not only that but they have been doing less discounting so look for higher profit margins also. I would thing $100 a share within 6 months easily. Also look for another dividend raise in the 3rd quarter of 2011. Got to love that! Happy Investing. Tony

P.S. - The reverse is trends at Burger King, really bad! They are discounting but still losing market share to MCD and WEN. Stay away from them for sure.