Buy MCD by Aug 1, 2027.

MCD is down almost 20% from highs earlier this year driven by what appears to be largely macro fears than a blow-up in financials. Current P/E \~22x is below its trailing 5-year average and on the lower end of trailing 12-months Management are still guiding store growth towards 50k and margins/free cash flow generation remain strong. My biggest concern is expected revenue growth given rising CAPEX through store growth and the rollout of McDonalds NEXT. Per my valuation, the stock …