Advertisement
UK markets closed

  • FTSE 100

    8,285.71
    +99.36 (+1.21%)
     

  • FTSE 250

    21,356.30
    +471.95 (+2.26%)
     

  • AIM

    779.67
    +6.64 (+0.86%)
     

  • GBP/EUR

    1.1844
    -0.0006 (-0.05%)
     

  • GBP/USD

    1.2873
    +0.0019 (+0.14%)
     

  • Bitcoin GBP

    52,974.71
    +599.70 (+1.15%)
     

  • CMC Crypto 200

    1,378.69
    +48.08 (+3.61%)
     

  • S&P 500

    5,459.10
    +59.88 (+1.11%)
     

  • DOW

    40,589.34
    +654.27 (+1.64%)
     

  • CRUDE OIL

    76.44
    -1.84 (-2.35%)
     

  • GOLD FUTURES

    2,385.70
    +32.20 (+1.37%)
     

  • NIKKEI 225

    37,667.41
    -202.10 (-0.53%)
     

  • HANG SENG

    17,021.31
    +16.34 (+0.10%)
     

  • DAX

    18,417.55
    +118.83 (+0.65%)
     

  • CAC 40

    7,517.68
    +90.66 (+1.22%)
     
PROPERTY:

8 champion homes in Olympic host cities

A selection of properties in former Games cities as Paris 2024 starts

McDonald’s stock dips, Guggenheim analyst reiterates Buy rating

Yahoo Finance Video

Yahoo Finance Live anchors discuss the stock decline for McDonald’s stocks after a Guggenheim analyst reiterated its Buy rating.

Video transcript

BRIAN SOZZI: All right, before we head to break, let's get a quick look at shares of Big Mac seller McDonald's. Guggenheim analyst Greg Frankfurt is calling the stock his, quote, "McPort in the storm." He wrote that, I didn't. That's at the top of his report this morning, guys. He maintained his buy rating and $280 price target on McDonald's. The analyst thinks McDonald's is a solid defensive investment should the US enter a recession.

- Clearly that's the only reason you're talking about it.

BRIAN SOZZI: Clearly, a McPort in the storm, really good analysts report.