I am neutral on McDonald’s (MCD) because the strength in the underlying business is likely going to wane in coming quarters as COVID-19 tailwinds wear off, and the stock price trades at a slight premium to historical averages. McDonald's is the world's biggest fast-food chain by revenue, and serves over 69 million customers every day in over 100 countries. The company has over 39,000 locations, and about 935 of its outlets across the globe are owned and operated by independent business owners. (See Analysts’ Top Stocks on TipRanks) Strengths In the first half of 2021, McDonald's reported system-wide digital sales of approximately $8 billion.
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McDonalds (NYSE:MCD)
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