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Shares of McDonald's (MCD +1.3%) set fresh 52-week highs as the restaurant operator's...

Shares of McDonald's (MCD +1.3%) set fresh 52-week highs as the restaurant operator's uninspiring streak of flattish global same-store sales doesn't scare off investors. What to watch: The company hasn't disclosed yet if it expects an impact on sales in Asia from the H7N9 avian virus in China so its Q1 earnings report could take on some added significance.
Comments (9)
  • chopchop0
    , contributor
    Comments (3137) | Send Message
     
    Dividend blue-chips are on a tear. JNJ WMT MCD etc Big Ben is just pushing everyone in.
    12 Apr 2013, 11:01 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5366) | Send Message
     
    And I wonder if they are forming a bubble.
    12 Apr 2013, 11:56 AM Reply Like
  • marc heilweil
    , contributor
    Comments (113) | Send Message
     
    Chicken product sales in China are immaterial . We bought the stock for our mutual fund at 27.43 .That was during the period when the accountant had run the kitchen. We have not been shaken out of it by events since then.
    12 Apr 2013, 12:21 PM Reply Like
  • rocketman3
    , contributor
    Comments (27) | Send Message
     
    Despite all the supposed gloom-and-doom, despite all the downgrades, despite all the health-food advocates, despite everything, the Big Mac keeps on rolling. And why not? It's said the food is not healthy for you. Well, neither is most of the air we breathe. And there's nothing we can do about that. So here's a toast to the Golden Arches.
    12 Apr 2013, 01:26 PM Reply Like
  • spybreaker
    , contributor
    Comments (235) | Send Message
     
    I have some money to put into dividend growth stocks and can't find any stock that's close to its 52 week lows with PE less than 18 and low payout ratio like when I bought MCD last november.

     

    My most recent purchases fitting that criteria were ABBV at ~33, MCD at ~86, COP at ~52 an ~57 and PSX during its dip at 62 (went out of my investing rules for PSX as I think they'll increase dividends and do a lot of buybacks). I also bought DX today at 10.50.

     

    MCD has been great. I wish I could see more stocks like MCD when I bought it returning at ~3.5% yield... can't find any in the market with that kind of yield and meeting my long term investment criteria. Hope they do a stock split.
    12 Apr 2013, 05:48 PM Reply Like
  • rocketman3
    , contributor
    Comments (27) | Send Message
     
    Spybreaker: Couldn't agree more about the difficulty of finding decent yielding stocks. Take a look at Dorman Products. Run the chart over the past five years. There's nothing to touch it. It doesn't have a set dividend, but last December it paid $1.50 per share which was equivalent to a 4.39% yield at the time when the stock was $34.15. If you can overlook the possibility that the dividend isn't permanent (I have) the stock's runup is tremendous. Getting ABBV at $33 was a blessing for you.
    13 Apr 2013, 08:00 AM Reply Like
  • Blaky
    , contributor
    Comments (69) | Send Message
     
    A company with management that is actually competent....
    That's MCD. I'd wait for a dip, but really... where else would
    I put my money? A well run company that creates billions in revenue and returns a nice percent to shareholders. Gimme that dividend again MCD!!
    12 Apr 2013, 06:01 PM Reply Like
  • Steve Tinnes
    , contributor
    Comments (74) | Send Message
     
    Mcd philosophy reminds me of two fables. The Little Red Hen and the Ant and the Grasshopper. They work harder than anyone else.
    13 Apr 2013, 12:59 AM Reply Like
  • jvman
    , contributor
    Comment (1) | Send Message
     
    I will join you in that toast rocketman3. I first bought MCD when everyone said MCD stood for Mad Cow Disease!!! Got in at 13.00 and never looked back.
    14 Apr 2013, 09:07 PM Reply Like
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