Here's Why Investors Should Retain McDonald's (MCD) Stock Now
McDonald's Corporation (MCD) is likely to benefit from strong comps growth, solid digital adoption and menu innovation. Also, the focus on pricing and Monopoly promotions bodes well. However, a challenging macro environment is a concern.Let’s discuss the factors that highlight why investors should retain the stock for the time being.Major Growth DriversMcDonald's continues to impress investors with robust comps growth. In fourth-quarter 2023, global comps increased 3.4% compared with a rise of 12.6% reporte ...