MCD - Should You Buy McDonald's Stock Hand Over Fist and Hold Through 2024 (and Beyond)?
2024-04-01 05:47:00 ET
Amidst the ongoing stock market rally, not all businesses are benefiting from bullish sentiment. McDonald's (NYSE: MCD) is an example.
Its shares are down 5% this year (as of March 27). And they currently sit almost 7% below their peak price. Investors looking to add a blue chip to their portfolios might be eyeing this opportunity.
Should you buy this top restaurant stock hand over fist and hold through 2024 and beyond? To help us answer that question, let's dive into some valid reasons on both sides of the argument with McDonald's.
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Should You Buy McDonald's Stock Hand Over Fist and Hold Through 2024 (and Beyond)?