McDonald's: A Resilient Defensive Play, But Premium Valuation May Cap Upside (NYSE:MCD)

Following my last article on McDonald's ( MCD ), the stock price appreciated by 0.50%, yet underperformed the benchmark. This highlights my anticipation, following the thesis of an elevated multiple capping the upside in the near term.Dear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background covers both institutional and priva ...