Value hunters big McDonald's up from recent lows - sending the stock to its strongest day in a many months. Two questions - what does it mean? And Can it last?
I don't know if it lasts, but the value buyers are clearly eyeing the dividend. At the low of 88 hit the other day, MCD yield swelled to almost 3.9% - I'll take that all day. So, what now - I think at 91.65 - Hold and wait for more information. I wouldn't be selling here however - and buying can't be a big mistake.
I don't know if it lasts, but the value buyers are clearly eyeing the dividend. At the low of 88 hit the other day, MCD yield swelled to almost 3.9% - I'll take that all day. So, what now - I think at 91.65 - Hold and wait for more information. I wouldn't be selling here however - and buying can't be a big mistake.