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With its universally recognized Golden Arches, McDonald's franchises and operates fast-food restaurants around the globe.
I bought MCD after it reported weakness in Europe and it sold off big. It is now trading well below its 17.5x valuation to around 14x, which puts its upside to around $100 per share. I'm in as a trade with an exit close to the $100 mark. Plus it pays a nice dividend while you wait for it to rebound.
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