Parkev Tatevosian, CFA on $MCD (Nov 2, 2026)

McDonald's is an interesting center in my portfolio. It's the stock I get a lot of questions about because, in this portfolio, it doesn't seem appropriate until you take a deeper look at the business and what's happening in terms of technological innovation.

The proliferation of artificial agent intelligence, or rather artificial intelligence as a whole, makes owning a McDonald's branch more attractive. You now have kiosks to receive customer orders, reducing the need for staff at the checkout counters.

In addition, there is advanced technology in the car service windows, where artificial intelligence receives requests, reducing the need for service staff. Furthermore, there are robots that deliver meals, especially if you live in some of these densely populated areas.

In Los Angeles, I see these delivery robots all the time, and this reduces the cost of customer service. Overall, I believe McDonald's is one of the biggest beneficiaries of developments in artificial intelligence.

I may have been ahead of my time in this understanding , but I believe McDonald's will benefit greatly over the next few years as a result of these developments. I have calculated an intrinsic value of $293. The current market price is $258.