#3 - McDonald’s (NYSE:MCD)
I have a teenager in high school sports. I have a McDonald’s about a mile from my home. These two facts frequently converge when the games begin. That reminds me that McDonald’s (NYSE:MCD) is simply a part of most families' lives like Amazon (NASDAQ:AMZN). No matter how much “we” say that we won’t eat at the restaurant with the Golden Arches, there are times when “we” can’t avoid it.
However, the company is still considered a discretionary stock. And there’s a lot of competition for consumers’ fast food dollars. One way McDonald’s is helping to stay ahead of the curve is through the adoption of digital technology. Even with dining rooms reopening, the company encourages the use of its digital kiosks for ordering. And the mobile app makes it easier than ever.
And if over $6 billion of quarterly revenue doesn’t excite you, consider the fact that McDonald’s is part of the exclusive Dividend Aristocrat club of stocks. The company has increased its dividend in each of the last 46 years.
About McDonald's
McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.
More- Current Price
- $304.76
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 16 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $323.61 (6.2% Upside)
