McDonald’s (MCD) is probably the unlikeliest of the five new buys. It’s not the kind of stock I’m usually drawn to, but the valuation and generous dividend yield made me a believer. Again, it’s a strong brand name trading at a discounted value. Make no mistake: McDonald’s is working through some problems, but it’s nothing they can’t handle. Wall Street hates MCD right now which is one of the reasons why I like it. As of Tuesday, the stock yields 3.3%. They’ve increased the dividend every year since 1976.
- Poll of the Day