#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 Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.
Read More - Current Price
- $290.28
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 18 Buy Ratings, 12 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $319.46 (10.1% Upside)
