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What to like about McDonald's (MCD -1.3%) at current levels: 1) At a 16 P/E ratio, MCD trades...

What to like about McDonald's (MCD -1.3%) at current levels: 1) At a 16 P/E ratio, MCD trades cheaper than Yum Brands or Jack in the Box. 2) New U.S. President Jeff Stratton's soon-to-be-unveiled marketing plan could infuse confidence again from Wall Street. 3) Three new Quarter Pounder offerings and the iconic McRib sandwich could help boost Q4 results. 4) A super-sized dividend yield of 3.48% is attractive to new buyers with the company likely to extend its streak of 36 straight years of bumping its payout higher.
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