Likefolio: Bullish on MCD Despite Chicken Strips Snag
Schwab Network · Schwab Network
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Show Notes
Likefolio's Andy Swan weighs in on Loop Capital's downgrade of McDonald's (MCD), which cited underperformance of the chain's chicken strips. Andy argues that the fast food giant's strength lies in its value proposition which offer a competitive edge on price. Swan adds that McDonald's can afford to experiment with new products, as seen with the return of the popular Snack Wraps.
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