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Where would you invest $10,000 for 2008?

How should you invest $10,000 in the coming year? The question was posed to some of Wall Street's most respected seers by syndicated columnist Andrew Leckey, whose Successful Investing column appears in over 150 newspapers.

Here, courtesy of The Bull & Bear Financial Report, 9 leading Wall Street experts -- Elaine Garzarelli, Richard Crippps, Sheldon Jacobs, Don Phillips, Richard Yamarone, High Johnson, Mark Johannessen, Curt Weil, and Paul Nolte -- offer their answers to the $10,000 question.

"Amid relentless volatility in 2007, every participant last December produced an increase over the past 12 months. Our pundits for a second consecutive year are spreading their bets because there are so many economic and political wild cards in the coming presidential election year.

Continue reading Where would you invest $10,000 for 2008?

McDonald's (MCD): Gains here and abroad

"Many U.S. companies are getting a lift from strong overseas business, and McDonald's (NYSE: MCD) is no exception," says Richard Moroney, noting that overeas same-store sales are growing at roughly twice the rate seen at U.S. outlets.

"That's not to say that the firm's domestic business is stale," he adds in Dow Theory Forecasts. Indeed, he notes that the company has reported 51 consecutive months of same-store-sales growth and has been beefing up its U.S. stores with new menu items and longer operating hours.

Moroney explains, "McDonald's should continue to benefit from the ongoing rollout of new menu items, including premium salads, snack wraps, and breakfast items." The company, he notes, has been extending operating hours at some restaurants and said it wants all of its U.S. restaurants to open by 5 a.m. by 2009 to capture more of the growing fast food breakfast market.

Another key to McDonald's success, he contends, has been its willingness to shed operations and outlets that are underperforming or diverting resources from core operations. To that end, the firm sold its remaining interest in Chipotle Mexican Grill (NYSE: CMG)and agreed to sell its Boston Market chain.

Continue reading McDonald's (MCD): Gains here and abroad

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 06:20 PM

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