Barchart.com's Chart of the Day - Arcos Dorados
Jim Van Meerten - Barchart.com - Fri Jan 25, 12:14PM CST
Related Stocks
 ARCO - Arcos Dorados Holdings Inc
SymLastChgPct
ARCO7.01-0.14-1.96%

The Barchart Chart of the Day belongs to the South and Central American McDonald's franchise holder Arcos Dorados (ARCO). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/3 the stock gained 8.80%.

Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's with its operations divided in Brazil; North Latin America division; South Latin America and the Caribbean division. It also runs quick service restaurants in Latin America and the Caribbean. It has operations in territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. Arcos Dorados Holdings Inc. is headquartered in Buenos Aires, Argentina.

ARCO

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Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in ARCO over the next 72 hours.