MCD - 3 Reasons Why Now Is a Good Time to Buy McDonald's Stock
2023-10-03 10:33:00 ET
McDonald's (NYSE: MCD) may be an icon of the fast food industry, but it is also an unexpected investment in many ways. While it may not generate the excitement of a fast-growing tech stock, it typically produces increasing stock price appreciation income and usually outperforms the S&P 500 .
Still, before opening a position, investors should learn about the business and how it affects the stock price. By understanding three critical facts about the company's stock, prospective shareholders can have a better understanding of the opportunity McDonald's has placed on the menu.
Given its nearly 41,000 restaurants and widespread name recognition, one can forgive some investors for seeing McDonald's as a restaurant stock little different from Chipotle or one of the Restaurant Brands International restaurants like Burger King.
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3 Reasons Why Now Is a Good Time to Buy McDonald's Stock