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Argus•November 16, 2020
Argus•November 16, 2020McDonald's Corporation: Maintaining BUY and $245 target price
Summary
McDonald's is the world's largest restaurant chain, with more than 37,000 fast-food restaurants in 119 countries. The company is a member of the Dow Jones Industrial Average and the S&P 500. With a market capitalization of about $146 billion, MCD is generally considered a large-cap growth stock.
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Analyst Profile
John D. Staszak, CFA
Securities Analyst: Consumer Discretionary & Consumer StaplesJohn's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.