We're planning to increase our $2,200 fair value estimate for the wide-moat firm.
We have confidence in our long-term forecast and see no changes to our fair value estimate for the narrow-moat firm.
We plan to raise our fair value estimate for the narrow-moat firm.
We're planning to increase to our fair value estimate and would wait for a more attractive entry point.
The market's fixation on the wide-moat firm's near-term revenue is overshadowing its dynamic long-term cash flow model.
McDonald's fourth-quarter update solidified our view that the firm's technology investments are having a positive impact on sales.