5 Best Epicenter Stocks To Buy Now

3. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 58    

Piper Sandler analyst Nicole Miller Regan recently upgraded McDonald’s Corporation (NYSE:MCD) stock to Overweight from Neutral and raised the price target to $282 from $232, highlighting that McDonald’s Corporation (NYSE:MCD) was “uniquely positioned” to leverage industry-leading fast food experiences, size, and scale to contend with cost pressures and operational challenges facing the restaurant industry in the US. The analyst also lauded the commitment of McDonald’s Corporation (NYSE:MCD) towards share repurchases. 

Hedge funds also back McDonald’s Corporation (NYSE:MCD) to deliver strong shareholder value in the coming months. At the end of the third quarter of 2021, 58 hedge funds in the database of Insider Monkey held stakes worth $3.3 billion in McDonald’s Corporation (NYSE:MCD), compared to 66 the preceding quarter worth $2.7 billion.