MCD - Should You Buy McDonald's Stock While It's Below $280?
2024-04-23 09:00:00 ET
Despite its recent pullback, the S&P 500 is still up 5% year to date (as of this writing). But not all businesses have continued to rally alongside the broad market.
McDonald's (NYSE: MCD) , arguably the most well-known restaurant chain on the face of the planet, is one such laggard. Its shares have dipped 8% since they hit a fresh all-time high in January, leaving them down 7% year to date.
Perhaps investors hungry for satisfying returns have their eyes on McDonald's right now. Should you buy this top fast food stock while its price sits below $280?
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Should You Buy McDonald's Stock While It's Below $280?