Here are some quick fundamental facts -
Net income has been increasing for the past 3 years.
Operating margin has been increasing for the past 3 years.
Total cash flow from operating activities have been falling for the past 3 years.
Both ROA and ROE have been increasing for the past 3 years.
Dividend has been increasing for the past 3 years.
Latest Current and Quick ratio at 1.84 and 1.54 respectively.
Overall, the fundamentals on MCD look strong.
Coupled with the recent fall in price, it might be a good time and opportunity to start accumulating into MCD.
Looking to long between 153 to 155, with stops below 150 and a target at 179.
Disclaimer - this is not a trade call. Ensure you have proper trade and risk management plan before engaging the financial market.
Net income has been increasing for the past 3 years.
Operating margin has been increasing for the past 3 years.
Total cash flow from operating activities have been falling for the past 3 years.
Both ROA and ROE have been increasing for the past 3 years.
Dividend has been increasing for the past 3 years.
Latest Current and Quick ratio at 1.84 and 1.54 respectively.
Overall, the fundamentals on MCD look strong.
Coupled with the recent fall in price, it might be a good time and opportunity to start accumulating into MCD.
Looking to long between 153 to 155, with stops below 150 and a target at 179.
Disclaimer - this is not a trade call. Ensure you have proper trade and risk management plan before engaging the financial market.