MCD - McDonald's Stock: Approaching My Buy Target After Its Q4 Selloff

2024-02-06 14:25:29 ET

Summary

• McDonald's Corporation is a consistent and reliable stock that has posted positive annual EPS growth in 17 out of the last 20 years.
• The company's loyalty program has expanded to over 150 million members, indicating its success in creating sticky customers.
• Despite slowing growth, MCD's Q4 results were impressive, with consolidated revenue and net income both up 8%.

McDonald's Overview

I admit it, McDonald's Corporation ( MCD ) is a relatively boring stock. But oftentimes, I’ve found that boring is best in the stock market. This updates my previous article on McDonald's.

There’s nothing wrong with slow and steady compounding, and MCD is a poster child for a mature compounder that offers fairly consistent top and bottom-line growth (and more importantly, generous shareholder returns).

MCD has posted positive annual EPS growth during 17 out of the last 20 years.

MCD has generated double digit earnings growth during 11 out of the last 20 years, including during 2023....

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