With McDonald's shares flat the past three years, the fast food operator is now a great buy, according to a top-ranked analyst of the restaurant sector.
Jason West of Credit Suisse upgraded McDonald's to "outperform" from "neutral" Tuesday morning in a note to clients.
West is one of the top analysts on Wall Street. His picks average a 16 percent one-year return with a 67 percent success rate and he is ranked in the top 5 percent of all Wall Street analysts, according to TipRanks.com.
Here's why he likes McDonald's now…