
Following a series of strong economic data, the Federal Reserve is highly anticipated to increase interest rates beyond the market’s initial expectations. However, investors should not deter from investing in quality stocks that can deliver returns despite the anticipated turmoil.
I think large-cap retail restaurant giant McDonald’s Corporation (MCD), which is currently trading at a discount, might be a solid investment. Although the stock has declined 3.7% over the past three months, it looks poised for long-term gains.