Better Buy: McDonald's vs. Shake Shack
Fast-food restaurants are finally seeing sales increase as dine-in rates gradually improve. McDonald's (NYSE: MCD) and Shake Shack (NYSE: SHAK) both had massive declines in the second quarter, but their share prices are both up more than 15% year to date. McDonald's franchises and operates over 36,000 restaurants, with a presence in almost every country in the world, and almost half of these are in the U.S. CEO Chris Kempczinski said that this was a key point while dining rooms were closed, as customers ordered from restaurants they know and love.
