McDonald’s Innovative Business Moves and PayPal’s Growth Potential
McDonald’s has made big moves this year despite the pandemic. In marketing the golden arches have brought us collaborations with some of the biggest musical artists including J. Balvin and Travis Scott, pulling in hordes of Gen Z and Millennials fans. Moreover, McDonald’s has made some big announcements that continue to transform its business.
For example, McDonald’s has recently announced the “McPlant” burger which will serve as a meatless alternative to the hamburger. This comes as a surprise to many because in this process McDonalds also dropped Beyond Meat, a leader in the meatless alternative market, as a potential project in this venture, deciding to venture into it solo. When this drops in 2021 we could see either a hit or miss, either way, stay tuned!
PayPal provides users the ability to make payments and transactions easily from their devices, a product that became extra useful during the pandemic due to its integration with e-commerce. On top of this, many investors have a case for why you should own PayPal in 2021.
Specifically, a strong track record of profit with revenue up 20% in the first nine months of 2020, and revenue minus operating and capital expenses increasing 43% despite major investments into new ventures such as Honey. These projects may also come around to generate even more revenue for the company further pushing PayPal’s long-term potential.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.