Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



McDonald's Corporation Stock Hits Price Target Forecast with a Profit of 34.91%

October 18, 2024
QuantWave, an automated forecasting platform, successfully predicted a long signal for McDonald's Corporation stock on June 27, 2022, when the price was at $230.6. The forecast proved to be accurate as the stock reached the target price of $311.1 on October 18, 2024, resulting in a profit of 34.91%. This achievement highlights the effectiveness of QuantWave's analytics in providing valuable insights for investors.

The stock movement can be attributed to various factors such as strong financial performance, strategic business decisions, and overall market conditions. McDonald's Corporation's consistent growth trajectory and innovative initiatives likely contributed to its upward momentum. Additionally, macroeconomic trends and industry dynamics may have played a role in driving the stock price higher.

QuantWave offers users access to predictions for a wide range of stocks, presenting opportunities for potential profits. For investors looking to enhance their understanding of the investment strategy behind QuantWave, exploring the educational resources of QuantSchool is recommended. QuantSchool provides a comprehensive professional investment framework that reveals key principles for generating consistent income using the QuantWave forecasting system.

Find out how the MCDONALD'S CORPORATION rate is expected to change

Get Forecast for MCD
There are no comments yet. Be the first to leave a comment
If you want to leave a comment, then you need Login or Register





Other news for MCD

MCDMay 9, 2025McDonald's Corporation Continues to Impress Investors with Strong First-Quarter Results  ~1 min.

McDonald's Corporation (NYSE:MCD) recently announced its first-quarter results, exceeding analysts' expectations....

MCDMarch 22, 2025The World Is Yours to Build: McDonalds USA Unlocks A Minecraft Movie Meal and Happy Meal -March 20 2025 at 08:01 am EDT  ~2 min.

McDonald's Corporation (NYSE:MCD) continues to innovate and captivate the younger generation as it recently announced its collaboration with Minecraft....

MCDMarch 19, 2025Analyst Makes Case for McDonalds MCD Amid Bill Gates New Stake  ~2 min.

McDonald's Corporation (MCD) has been in the spotlight recently, as billionaire philanthropist Bill Gates revealed a significant stake in the company....

MCDMarch 16, 2025MCD McDonald's Corporation: A Strong Performer in the Dividend Stock Market  ~2 min.

McDonald's Corporation (MCD) has been gaining attention in the stock market for its consistent dividend performance....

MCDMarch 14, 2025McDonald's Corporation Speeds up New Menu Offerings amidst Analyst's Positive Outlook  ~2 min.

McDonald's Corporation (MCD) is making bold moves to maintain its position as a leading fast food chain....



Related news

HALApril 4, 2025QuantWave Successfully Hits Price Target Forecast for HALLIBURTON COMPANY with 21.15% Profit  ~1 min.

QuantWave, the automated forecasting platform, has achieved yet another successful price target forecast, this time for HALLIBURTON COMPANY....

CVXOctober 27, 2023QuantWave Achieves 5.08% Profit Target Forecast for Chevron Corporation  ~1 min.

QuantWave, the automated forecasting platform, has successfully hit its price target forecast for Chevron Corporation's stock....

NKEJune 28, 2024NIKE, INC. Stock Hits Price Target Forecast with 18.98% Profit: QuantWave Analysis  ~1 min.

NIKE, INC. stock has successfully achieved the price target forecast set by QuantWave, resulting in a profit of 18.98%. The forecast signal was generated on April 16, 2024, with the stock price at $91....

CSXApril 3, 2025CSX CORPORATION Hits Price Target Forecast with 13.49% Profit  ~1 min.

CSX CORPORATION has successfully reached the price target forecasted by QuantWave, yielding a profit of 13.49% for investors. The forecast signal was initiated on June 25, 2024, at a price of 32.22 $....

NEMSeptember 24, 2024NEWMONT CORPORATION Stock Hits Price Target, Generating 19.23% Profit - QuantWave Forecasts Success  ~1 min.

NEWMONT CORPORATION's stock has successfully reached the forecasted price target of 55.19 $, generating a profit of 19.23% for investors who took the long position based on the signal date of 2024-07-23....