I've owned MCD several times over the decades. There has never been a terrible time to buy it. That said, I sold my position last week above $185 for reasons not attributed to the company. I was just increasing my overall cash position a bit as I am tentative about the market it the short to midterm. MCD ran fast after my purchase and became one of the sell candidate. It certainly isn't cheap but $190 sure wouldn't surprise me. I'd like to see 160s to get back in. I am seriously considering it as core position when the next recession comes around. IMO VERY few restaurants qualify as safe for a long-term DGI hold.
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