Better Buy: McDonald’s vs. McCormick
If you are looking for high-return consumer food businesses, you’ve likely come across both fast-food giant McDonald‘s (NYSE: MCD) and the spice and flavorings specialist McCormick (NYSE: MKC). They don’t compete in the same niche, but these companies share attractive investment characteristics like global industry leadership, impressive profitability, and growing dividend payouts.
Their stocks have stuck close to the broader market’s return into late 2020, suggesting that Wall Street doesn’t see a clear reason why one might outperform the other over the next few quarters. But there are a few factors that point to McCormick as the better share purchase today.
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