McDonald's REIT

Shares of McDonald's Corporation (NYSE: MCD) hit a new 52-week high of $114.99 on Friday. McDonald's hosted an Investor Day presentation and released a press release titled "Executing The Turnaround Plan." Wall Street analysts were mostly positive following the presentation, although valuation was...

John Glass of Morgan Stanley argued in a note that shares of McDonald's Corporation (NYSE: MCD) could be worth $103 to $107 per share under a REIT structure. Glass noted that investor focus on retail/restaurant REIT conversions "seems to be increasing." Glass added that...