HONG KONG, CHINA - 2024/07/13: People are seen at the American multinational fast-food hamburger ... [+] restaurant chain McDonald's in Hong Kong. (Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAfter a 12% decline year-to-date, at the current price of around $260 per share, we believe McDonald’s (NYSE: MCD), the world’s largest restaurant chain, consisting of more than 40,000 mostly franchised stores - has likely limited near-term gains. MCD stock has ...