What Stock Market Sell-Off? This Dow Jones Dividend Stock Just Hit an All-Time High.
With the S&P 500 and Nasdaq Composite down year to date (YTD), investors may be seeing many top stocks in their portfolios sell off. But certain companies, like Dow Jones Industrial Average component McDonald's (NYSE: MCD), have been immune from broader market jitters.In fact, McDonald's is up over 10% YTD at the time of this writing, making it one of the best performers in the Dow this year.Let's look at what's driving the run-up in McDonald's and whether the dividend stock is worth buying now.Continue reading
With the S&P 500 and Nasdaq Composite down year to date (YTD), investors may be seeing many top stocks in their portfolios sell off. But certain companies, like Dow Jones Industrial Average component McDonald's (NYSE: MCD), have been immune from broader market jitters.
In fact, McDonald's is up over 10% YTD at the time of this writing, making it one of the best performers in the Dow this year.
Let's look at what's driving the run-up in McDonald's and whether the dividend stock is worth buying now.
