I couldn’t find this stock listed in the discussions, so I thought I’d make it after wanting to share an interesting article that I read:
BBC News - How McDonald’s revolutionised business
I’m holding McDonald’s, I think they’re a good, big branded stock to hold long term, similar to Coca Cola. Warren Buffet is a big fan of it and buys Maccy D’s breakfast every day apparently.
I also feel like they are the most advanced of the fast food franchises e.g. compared to Burger King, KFC. The restaurants feel more futuristic in terms of the decor and the technology and I feel that they are hot onto market trends. Is anyone else invested in them?
Also they were recession-proof in 2008. I can only see them growing over time as more countries start developing.