McDonald’s takes rivals by surprise, as the stock reached new heights. Get it while it is hot!

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Supersize your profits! This month the global food chain McDonald’s has delightful surprises for all investors, hungry for profits. 

McDonald’s has recently upped its drive-thru tech, worked out harassment in the workplace and celebrated a successful partnership with delivery service Grub Hub. As the company continues to reinvent itself, not only is it good for business, but it is also proven to be a positive sign for investors. 

It’s addictive, it’s delicious, and it’s certainly a hot investment. Want to know exactly how profitable an investment in McDonald’s could be? 

According to CNBC calculations, a $1,000 investment in 2009 would be worth more than $5,000 as of Sept. 20, 2019.  

McDonald’s in 2021 and beyond: McDonald’s topped at $221.93 in 2019 before Easterbrook’s departure and the COVID-19 pandemic sell-off, which pushed the stock down. 

Fortunately for McDonald’s investors, fast-food restaurants were not hit nearly as hard. Besides, McDonald’s investments in its app and delivery options paid off in 2020. By late 2020, McDonald’s shares made new all-time highs at $231.91. 

Looking ahead, analysts expect McDonald’s to continue its growth in the next 12 months. The average price target is $240, suggesting a 12.5% increase from current levels.

Are you hungry for profits? Take a big bite. 

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