McDonald's Corp (MCD) reported 12.6% higher Q1 sales at the end of last month on a comparable basis and significantly higher free cash flow (FCF). Along with its 2.1% yield and buybacks, these factors make MCD stock a value buy. Moreover, investors can play this by shorting out-of-the-money puts in order to create extra income.
On April 25, McDonald's said its sales rose 12.6% YoY on a comp basis. Moreover, its earnings per share (EPS) came in at $2.63, which beat expectations by 29 cents, according to Seeking Alpha.
