McDonald’s (MCD) and Yum Brands (YUM): A Simple Investment Strategy (Updated 1/6/25)
In the past, we’ve sometimes remarked to buysiders that it wouldn’t be a bad investment strategy — when choosing between large-cap restaurant stocks McDonald’s and Yum Brands — to simply pick the one with the more attractive (i.e., lower) valuation. In that frame of mind, we published note examining this simple strategy back on January 8, 2023 and on January 7, 2024. With this note, we take an updated look at that approach as a possible simple investment strategy.