If You Invested $1,000 In McDonald's When Happy Meals Launched, You'd Have This Much Today
Portfolio Pulse from Chris Katje
The article discusses the history of McDonald's Corp (MCD) and the impact of investing in its stock since the launch of Happy Meals in 1979. A $1,000 investment in MCD at that time would be worth $258,217.39 today, not including dividends. The company's stock has been hitting all-time highs in 2023 due to strong sales growth. The article also mentions Elon Musk's challenge to McDonald's to accept Dogecoin (DOGE) as a payment option.
July 04, 2023 | 3:44 pm
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Elon Musk has challenged McDonald's to accept Dogecoin (DOGE) as a payment option.
The mention of Dogecoin is related to a challenge by Elon Musk, but there is no indication in the article that McDonald's is considering accepting it as a payment option.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
McDonald's stock has been hitting all-time highs in 2023 due to strong sales growth. A $1,000 investment in MCD in 1979 would be worth $258,217.39 today.
The article provides a positive outlook on McDonald's stock, highlighting its strong sales growth and the significant return on investment since 1979.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100