Business
Is McDonald’s stock a buy?
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
It’s arguably the world’s most recognizable chain of restaurants, with over 39,000 locations found in more than 100 countries. Its golden arches remind consumers they can enjoy a familiar, comforting meal almost anytime and anywhere they want.
The chain in question is, of course, McDonald’s (NYSE: MCD). It’s evolved over the years, but its appeal — and success — has effectively leveraged the idea of sameness. That is to say, customers like the fact that eating at a McDonald’s is at least a partial nod to the past; the value isn’t too shabby, either. This foundation is a big reason investors can look forward to more growth…
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