Should You Buy, Sell or Retain McDonald's Stock at a 23.91X P/E?

McDonald's Corporation (MCD) is currently trading at a discount compared with its industry peers. With a forward 12-month price/earnings ratio of 23.91X, the stock is priced below the industry average of 26.29X and the broader Retail-Wholesale sector’s 24.4X.P/E (F12M) Image Source: Zacks Investment Research In the past three months, MCD has delivered 8.2% growth, underperforming the industry’s 8.5% rally and the S&P 500’s 8.3% rise. The company's stock performance also lagged major industry players. Chipot ...