McDonald’s: Keep on flippin’
Retain Neutral. Strong earnings ($2.59 vs $2.46 est) show the strength of the consumer but MCD still trades at 23x earnings; we prefer to wait for the stock to rerate.
Tag: US equities
Retain Neutral. Strong earnings ($2.59 vs $2.46 est) show the strength of the consumer but MCD still trades at 23x earnings; we prefer to wait for the stock to rerate.
$45 per month (Cancel anytime)
or $450 per annum
Cancel anytime.
No commitment required. Cancel anytime.
HEAD OFFICE
HSBC Building, Level 20, 188 Quay Street, Auckland, New Zealand
Black Bull Research Limited (FSP1006167) holds a financial advice provider licence issued by the Financial Markets Authority to provide financial advice services. Important information about BlackBull Research as a financial advice provider is contained under “Important Information”. We suggest that you read this information carefully, as it will help you to decide whether our services are right for you.
This website contains a general description of BlackBull Research and the services that it provides. This website may also contain views, opinions, estimates, recommendations, and other information. This information is generic in nature and does not consider the specific financial situation, needs, goals or risk tolerance of any person. Prior to acting on any information contained on this website, you should consider the appropriateness of it for you, and you should seek your own independent financial advice.