Thoughts on McDonalds stock in 2023?


Closing 2022 basically the same price as it opened 2022. P/E is 30 which isn’t super low, but not unreasonable.

Cheap food is more popular when the economy is bad. With the recent bitter cold people will have to pay those high heating bills soon and may opt for cheap meals to offset the utility bill costs.

And I love their cheeseburgers.


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