3 Stocks to Watch This Week
This is a wild time for investors. The number of issues weighing on our finances is vast: the outcome of the U.S. presidential election, big changes to social security next year, COVID-19 cases rising into winter, and the list goes on and on. At the moment, these developments are overshadowing earnings season, but at the end of the day, earnings drive stock prices. Here are three big names reporting this week.
McDonald's (NYSE: MCD) kicks off the week with its third-quarter earnings report on Monday. The fast-food titan was not spared from the chaos that plagued the first half of 2020. The shutdown and social distancing that COVID-19 brought with it caused McDonald's revenue to decline by 19% through the first six months of the year. Earnings per share dropped a staggering 43% to $2.12 during that time frame.
Source Fool.com
