McDonald’s Corporation (MCD): A Bull Case Theory

We came across a bullish thesis on McDonald’s Corporation (MCD) on Pacific Northwest Edge’s Substack by David. In this article, we will summarize the bulls’ thesis on MCD. McDonald’s Corporation's share was trading at $298.57 as of Oct 23^rd. MCD’s trailing and forward P/E were 26.14 and 23.47 respectively according to Yahoo Finance.

[caption id="attachment_1211473" align="aligncenter" width="768"] A close-up of customers ordering from a McDonald's restaurant in Latin America.[/caption]

McDonald's has established itself as a dominant player in the market, consistently...