McDonald's Serves Up Sizzling Growth In 2023 And Tasty Valuation Given Growth Prospects

Nathan Stirk/Getty Images News Investment Thesis McDonald's Corporation (NYSE:MCD) continues be a highly profitable business with both great topline and bottom-line growth characterizing their FY23. Despite a difficult macroeconomic backdrop, McDonald's managed to grow sales and margins thanks to efficient cost control and a great understanding of what customers want from the menu. When combined with a reasonable 8% undervaluation given a base-case scenario, I believe the firm's stock still makes for a comp ...