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Hot Stock #4 -
McDonald’s (MCD)Low cost, consistency, and let’s face it, some darn good-tasting burgers, fries and shakes have made McDonald’s (MCD)
the most successful restaurant chain ever. McDonald’s has more than 31,000 local restaurants, serving more than 58 million people in 118 countries
each day.More than 75% of McDonald’s restaurants worldwide are owned and operated by independent local businesspeople, making this company the quintessential
example of a worldwide franchise business success. When people want great fast food at a great price, they go to McDonald’s.Because McDonald’s gives consumers what they want at a price they want to pay, and because they make big profits doing so, I consider the company
a precious jewel of capitalism.
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