New all-time highs are inevitable for McDonald’s (NYSE: MCD) because of its sustainable growth, cash flow, and capital returns. The question is how much higher its stock price can get, and the answer is still quite high.
The latest push into value meals has reignited a pricing war that only McDonald’s can win. Its scale and reach put it in a unique position that will allow it to expand its network and gain market share while competitors struggle with consumer headwinds.
