McDonald’s Corporation (NYSE:MCD) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market.
When a caller mentioned that they are worried about the stock, Cramer said: You’re worried about McDonald’s?
Nah, you don’t need to worry about McDonald’s. Look, McDonald’s, it does have a, it has a beef issue. Beef is too expensive.
But it yields 2.6, it’s got a great reputation, and it sells at 21 times earnings. It can get down to 18, 19. Here’s the way you do McDonald’s: You want to buy 100 shares?