McDonald’s Corporation (MCD · NYSE)

McDonald's shares have fallen sharply, trading at $236.50 with an RSI of 22 and sitting 29.3% below their 52-week high, down 11.6% over three months and 17.9% below the 200-day moving average. The underlying business remains solid: the June quarter beat estimates ($3.38 vs. $3.32), the third beat in four quarters, with revenue of $7.10B, a 46.5% operating margin, and $1.98B in quarterly free cash flow. Growth is modest at 3.7% revenue and 5.7% earnings YoY, and leverage stands at 3.7x debt/EBITDA on $54.59B of total debt. The company recently launched a tiered loyalty program targeting 150 million infrequent customers, though broader restaurant-sector weakness has weighed on the group.