Saturday, February 20, 2010

McDonalds Revisited

MCD is doing everything right to drum up business during these tough economic times. I can buy dinner there for the same price as making dinner at home myself. They have attacked their opponants on all fronts. They have developed premiem sandwiches for an affordable price. While at the same time their dollar menu fights Burger King and Wendy's on price also. The new coffee is just as good as Dunkin Donuts for a better price. At the current price you can hold the stock and collect the 3.3% dividend that they will raise again at the end of this year. How can you go wrong? This is perfect stock for a conservative lomg term investment. Tony

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