Is MCD a good stock to buy now? We came across a bullish thesis on McDonald’s Corporation on Basement Capital’s Substack. In this article, we will summarize the bulls’ thesis on MCD. McDonald’s Corporation's share was trading at $327.94 as of March 10th. MCD’s trailing and forward P/E were 27.68 and 24.94 respectively according to Yahoo Finance.
McDonald's Corporation owns, operates, and franchises restaurants under the McDonald's brand in the United States and internationally. MCD is a world-class, asset-light (~95% franchised) franchise model with durable pricing...
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