The stock market surged on Monday as investors hoped that President Donald Trump may pause implementing some of his tariff plans. Reports showed that the US government may use a more targeted approach.
Overall, S&P 500 rose 1.8% to 5,768, while NASDAQ jumped 2.3% to 18,189.
Tweet of the Day
This is Bullish https://t.co/DPz22yWz00
— David Sharek (@GrowthStockGuy) March 18, 2025
Chart of the Day
Here is the one-year chart of McDonald’s (MCD) as of March 10, 2025, when the stock was at $317.
McDonald’s missed profit estimates last quarter, posting -4% profit growth versus the expected -2% on flat revenue. Sales reflect the impact of an E. coli outbreak the company had during the quarter. The CDC and FDA have since closed their investigations on the matter, which was not a big deal.
Despite the miss, the stock rose to $317 from $297 since last quarter’s research report. Management introduced recovery measures by launching an enhanced McValue menu featuring a $5 meal deal and Buy-One, Add-One promotions. Digital sales and member are solid.
In 2024, McDonald’s had over 170 million active users and $30 billion in loyalty sales. Management has a long-term goal of 250 million active users and $45 billion in annual sales by 2027. They also expressed confidence that the US market would largely recover by early Q2.
MCD is part of our Conservative Growth Portfolio.
