Thursday, September 2, 2010

Mickey D's #1 in Price Momemtum

MCD has the highest price momentum in its segment of the market by trading at 99.99% of 52-week high and posting a 5.5% price change over the last 4 weeks... WOW that is HUGE!!!

http://www.cnanalyst.com/2010/09/top-10-dow-30-stocks-with-highest-momentum-mcd-dd-kft-ko-t-vz-ibm-cat-pg-cvx-sep-02-2010.html

If only we had been clairvoyant and loaded up when the stock was at the 52-week low of $53.88 (of course we would have needed thousands in cash just lying around in order to purchase a large amount of shares), then today we would have cashed out for over a $20 increase per share as MCD closed at $75.02 today on the NYSE.

http://phx.corporate-ir.net/phoenix.zhtml?c=97876&p=irol-stockquote

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