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mick

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Re: ofspring post# 611

Wednesday, 12/30/2015 9:42:34 AM

Wednesday, December 30, 2015 9:42:34 AM

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McDonald's closed at an all-time high of $120 on Tuesday, continuing its slow upward trek after breaking out in October. The successful runout of All-Day breakfast and the company's plan to refranchise up to 95% of its stores are seen as positive drivers for shares. Recent traffic checks have also shown positive same-store sales growth for the QSR (Quick Service Restaurant) category where McDonald's (NYSE:MCD) is the biggest player.
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