Why You Should Be Lovin’ McDonald’s

McDonald’s Corporation (NYSE: MCD) — This most famous of all fast food chains operates restaurants in more than 100 countries. People worldwide love the quality and quick service that McDonald’s provides.  

S&P estimates that earnings will increase to $4.30 in 2010, up from $2.09. 

The stock just completed a reverse head-and-shoulders double-top breakout with a target of $78. 

MCD pays a dividend of $2.20, which is a yield of more than 3%.

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MCD Stock Chart

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