McDonald’s $MCD is opening a new spin off chain called CosMc’s to challenge Starbucks $SBUX and Dunkin’ in the $100 billion coffee beverage market.
Some of the coffee drinks include a Churros Frappe and Smores Cold Brew. You can top those with toffee sprinkles and can spice them up with a variety of syrups and espresso shots.
They also have a Blackberry Mint Green Tea, Berry Hibiscus Sour-Ade, Turmeric Spiced Latte, Blueberry Ginger Burst and more!! You can “boost” these drinks with energy shots or vitamin C shots.
McDonald’s famous Vanilla Ice Cream Cone will be on the CosMc’s menu as well as Chocolate and Twist options. They also have the McDonald’s Egg McMuffins and McFlurry.
They have added a Creamy Avocado Tomatillo Sandwich, Spicy Queso Sandwich, “McPops” which look like filled donut holes, pretzel and hashbrown bites. You can go to CosMcs.com/menu for the full menu.
For you traders out there our Analysts are looking at a bullish entry once the price breaks and holds above $287.60 with targets at $293 and $300 and a stop loss at $283.
If the price breaks down below $285.60 we are looking to short this with targets at $281.85 and $275 with a stop loss at $288.80. Click Here For More Trade Ideas
This trade analysis was from 12/08 and hit Target 1 12/13. We will be posting all our trade ideas like this one in this blog from now on (be sure to check out our prior posts on $M, $AMZN, $GOOGL, $NFLX and $UBER). We go over these trades live every Thursday 5PM EST in our discord!
Will you be going to CosMc’s instead of Dunkin’ or Starbucks?
