Excluding a downturn near the turn of the century, McDonalds stock has been a relatively consistent performer. Following a steady rise through the single digits, MCD broke through the $10 mark in early 1992, setting the stage for a consistent run towards $48/share by the end of 1999. After the stock bottomed out in March of 2003, the world's largest restaurant chain by sales saw its stock climb to a new all-time high in the summer of 2008.
On October 31st, McDonalds closed at $57.93. By November's end, the restaurant operator closed at $58.75, representing a 1.4% increase. Considering the wild swings in other cyclically sensitive stocks, McDonalds steady growth rate last month highlight its buffer to economic activity.
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