MCD - 3 No-Brainer Stocks I'd Buy Right Now Without Hesitation

2024-01-26 05:20:00 ET

Investors often overcomplicate the process of finding good stock purchases. Market-beating returns don't require you to uncover a tiny, unproven business with obscure assets. You don't need to be among the first to gain exposure to the next big tech innovation, either.

Some of the best long-term investments can involve mature companies that are openly demonstrating their earnings power. Let's look at a few of these obviously strong buys.

I already own McDonald's (NYSE: MCD) , but I wouldn't hesitate to add more of it to my portfolio right now. The fast-food giant is expanding quickly: Q3 comparable-store sales jumped 9%. That's nearly twice the growth rate that peer Chipotle managed. The two chains are increasingly facing off against each other as Chipotle moves into the drive-thru channel. Yet McDonald's continues to strengthen its market dominance with each passing year.

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