03-22-2023, 01:58 PM
(03-21-2023, 08:05 PM)I’m ken-do-nim Wrote: Bear market? What bear market?
MCD is up from $167 to $270 in the past 5 years, in a pretty straight line up as far as stocks go. You want annual dividend increases? Let's see...
2018 - $1.01
2019 - $1.16
2020 - $1.25
2021 - $1.29
2022 - $1.38
2023 - $1.52
The P/E is high (~38), but other than that, seems like a model citizen of DGI land.
That’s because MCD does well in a bear market or during uncertainty.
You have to own names like this for safety. MCD is my 3rd largest holding and I’m not selling a penny.
Same goes for HSY