Jim Cramer Believes Mcdonald’s Quarter Miss Is Not Going to Happen Again

McDonald’s Corporation (NYSE:MCD) was among  Jim Cramer’s stock calls on Mad Money, as he highlighted several opportunities in out-of-favor sectors. Cramer mentioned the company during the episode and said:

Got two fast food companies that are down on their luck that we all know, McDonald’s and Yum! Brands. The former missed the quarter, something that’s very rare. I don’t think that’s going to happen again.

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McDonald’s Corporation operates and franchises restaurants that provide burgers, chicken sandwiches, fries, beverages, and desserts. During the May 11 episode, a caller asked if the stock is a buy, sell, or hold, and Cramer responded:

Okay, McDonald’s is very tough because it’s breaking down here. It sells at 21 times earnings. The quarter was just okay, 2.7% yield. I want to buy this on a yield basis. If it gets to 3%, I do want to buy it, but remember, we just had QSR on, Burger King, and Burger King’s winning now. QSR I think is the better, whoa, the better company than McDonald’s, Pat Doyle, executive chair.

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