Five Best Fast Food Chain Stocks to Buy Now

Page 5 of 5

1. McDonald’s Corporation (NYSE:MCD)

Investors with Long Positions (as of June 30): 81

Aggregate Value of Investors’ Holdings (as of June 30): $6.28 Billion

Even though McDonald’s Corporation (NYSE:MCD) exhausted some of its charm among the smart money during the June quarter, the stock managed to retain the top spot in the most favorite fast food chain stocks list. The number of hedge fund investors with positions in McDonald’s decreased to 81 from 89 during the second quarter, while the value of these positions shrank to $6.28 billion from $6.83 billion. It is also worth mentioning that the hedge funds tracked by Insider Monkey collectively own 6.90% of the company’s shares as of June 30. The recently-appointed CEO of McDonald’s, Steve Easterbrook, has been working on figuring out what stands behind the restaurant’s weakening sales (for example, its global comparable sales decreased by 0.7% during the second quarter) and on making some moves towards revitalizing the demand for its products, so one may expect positive sales growth in the upcoming quarters. Mason Hawkins’ Southeastern Asset Management reported owning 9.87 million shares of McDonald’s Corporation (NYSE:MCD) in its latest 13F filing.

Follow Mcdonalds Corp (NYSE:MCD)

Disclosure: None

Page 5 of 5