Better Stock Buy: Starbucks vs. McDonald's
Investors have much different expectations around ' (NASDAQ: SBUX) and McDonald's (NYSE: MCD) earnings prospects at the moment. McDonald's stock is near all-time highs following an impressive streak of growth into early 2023. The coffee giant, meanwhile, is seeing solid gains but facing rising competition as consumers' preferences tilt toward delivery and drive-thru.
Against that backdrop, let's compare the two restaurant giants to see which is the better fit for your portfolio right now.
McDonald's is faring a bit better in the growth arena. Sales this past quarter were up a blazing 13% year over year, marking an acceleration compared to late 2022. This growth was broad-based, too, across all of its geographic markets. McDonald's also achieved a solid balance between rising prices and higher customer traffic. Management says the success is directly attributable to improvements in core areas like customer satisfaction and fast preparation. "Running great restaurants is fundamental to our business momentum," McDonald's CEO Chris Kempczinski said in a late April press release.
Source Fool.com
Starbucks Corp. Stock
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 42.98% for Starbucks Corp. compared to the current price of 68.54 €.
