Topic: How To Invest

Wall Street Stock Forecaster Hotline – Thursday, March 28, 2024

Article Excerpt

MCDONALD’S CORP., $281.95, New York symbol MCD, is your #1 Conservative Buy for 2024. The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries. McDonald’s has formed a new, exclusive alliance with Krispy Kreme Inc. (Nasdaq symbol DNUT). Following a successful test, McDonald’s will sell Krispy Kreme doughnuts through its 13,500 U.S. outlets. Krispy Kreme will bake the doughnuts and deliver them daily to McDonald’s restaurants, so franchisees do not have to invest in new ovens or other equipment. The company expects the doughnuts will be available in all of its U.S. outlets by the end of 2026. This deal should help McDonald’s compete not only with other fast-food chains but with coffee-and-doughnut sellers like Dunkin’and Tim Hortons. McDonald’s is your #1 Conservative Buy in 2024. McDonald’s recent coverage: Hotline for February 9, 2024 February 2024 issue VISA INC., $279.08, New York symbol V, is a buy. The company…