“The Big 3: MCD, COF, PG”
MCD faces technical and fundamental weakness from slowing sales and low-income consumer pullback; speaker holds a bearish view on the stock.
We have McDonald's, which is suffering from a decline in consumer demand for restaurants. There is a lot of competition in this field. They now have their strategy for the next ten years, which did not receive a good reception yesterday, but they are rising today in the wake of Investor Day.