Jim Cramer’s Game Plan for This Week: 16 Stocks in Focus

12. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 67

According to Cramer, McDonald’s Corporation’s (NYSE:MCD) “cheaper offerings” might have attracted customers.

“Lots of restaurant stocks have fallen on hard times because of their price points. They just charge too darn much, but McDonald’s rolled out some very cheap offerings, or I say cheaper offerings. I like them, and I think the customers have gravitated to the golden arches. We’re going to find out for sure on Thursday morning.”

McDonald’s (NYSE:MCD) runs and franchises restaurants under its brand, and it offers a wide range of food and drinks, including burgers, chicken items, sides, desserts, and beverages, with additional items featured through limited-time promotions. Last week on Squawk on the Street, Cramer said:

“Okay, first of all, McDonald’s stock has done well this year. . .very rarely do you get this, but BTIG has this note that I just absolutely love. That said, our recent McDonald’s franchise checks conveyed a sharp inflection in April sales trends. More optimistic tone from operators. Minecraft promo helping to regain some big McDonald’s momentum. This is it David. This is what you’re looking for. You’re looking for a story, iron clad, no tariff, numbers look up, numbers are too low. Stock chart is good. There you go. I give you McDonald’s probably be up eight today.”