McDonald's: A Fairly Valued Dividend Champion

Like any disciplined long term investor, I have a ‘wish list’ of stocks that I purchase on pullbacks. For me, McDonald's (MCD) has always been one of those companies. Not only is the food cheap and delicious, the stock is fairly valued and yielding a substantial dividend. Plus I’m an American. It’s engrained in our DNA to eat Big Macs.Whether you like it or not, McDonald’s hamburgers are as American as apple pie (which coincidentally you can get from its dollar menu). I know there are headwinds to the company, the health risks, rising input costs, market saturation, bad publicity, etc. Heck, even I saw Super Size Me. I’ll admit that guy put on a little weight, but he looked healthy enough… in that 17th century European Royalty sort of way.... Read more