15 Stocks in Jim Cramer’s Game Plan for This Week

8. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 75

McDonald’s Corporation (NYSE:MCD) is one of the stocks in Jim Cramer’s game plan for this week. Cramer mentioned the stock and said that it has been “out of sync” with the company. He commented:

“On Wednesday morning, we hear from a couple of iconic companies reporting that I like, Disney and McDonald’s… As for McDonald’s, the stock has been out of sync with McDonald’s the company, which has gotten a lot better lately with some new offerings, limited ones. I think it’s a buy.”

McDonald’s (NYSE:MCD) operates and franchises restaurants under the McDonald’s brand, and provides a menu of burgers, chicken items, fries, beverages, desserts, and breakfast options. Cramer mentioned the company on July 10 and said:

“Finally, consider McDonald’s. Now, here’s another company that many managers seem to think has lost its way, with the stock going from a… positive performer to a real dog of late. This morning, Goldman Sachs upgraded the stock from Hold to Buy. What caught my eye here? I’ve been waiting for someone who didn’t care for the stock to go positive. In other words, that person’s been right, and that’s what we got when analyst Christine Chow went positive.

Why? Well, for the same reason why you always have to buy the stock of McDonald’s when it goes out of favor. Mickey D’s has, and I quote, ‘the excellent report, the scale, marketing, digital advantage to successfully navigate through this environment.”