I am neutral on McDonald’s (MCD) as the company’s strong growth momentum and competitive strengths are offset by its slightly above average valuation multiples. McDonald’s is an American fast-food company that was first started as a restaurant and a hamburger stand in 1940 in San Bernardino, California. Its world-famous Golden Arches was introduced in 1953. The company was acquired by Ray Kroc in 1955. (See Analysts’ Top Stocks on TipRanks) Strengths McDonald’s is the world’s biggest restaurant chain by revenue and serves over 69 million customers across 100 countries in the world on a daily basis.
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McDonalds (NYSE:MCD)
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McDonalds (NYSE:MCD)
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