3 Stocks With McDonald's-Like Return Potential
Investors trying to find those portfolio-transforming stocks tend to look for the ones that are going to generate incredible returns in relatively short amounts of time. Not many think that selling something as simple as burgers and fries for several decades at a time could be a great investment, but they probably haven't looked at a long term stock chart for McDonald's (NYSE: MCD). Not much changes with the fast food chain, but the company has produced incredible returns over the long run.
In the spirit of McDonald's business and its long term stock growth, we asked three of our contributing investors to each come up with a stock they see as having a great chance of long term success. Here's why they picked Ferrari (NYSE: RACE), Coherus Biosciences (NASDAQ: CHRS), and A.O. Smith (NYSE: AOS).
Image source: Getty Images.
Source: Fool.com
McDonalds Corp. Stock
With 42 Buy predictions and 1 Sell predictions McDonalds Corp. is one of the favorites of our community.
With a target price of 296 € there is a slightly positive potential of 16.03% for McDonalds Corp. compared to the current price of 255.1 €.
