Can This Dividend Superstar Keep Up Its Hot Performance?
The market is picking up steam in 2023 as investors gain more confidence in the economy's potential to improve this year. Some stocks have already doubled in value only one month into the new year, and others are clawing their way back more slowly.
McDonald's (NYSE: MCD) stock was roughly flat in 2022, outperforming the broader market, and it remained so straight through January. It certainly seems like the investing community isn't sure how to price McDonald's right now, giving it a clear hold, despite its increasing sales, blue-chip status, and decades of dividend growth.
Let's try to figure out why, and whether or not your should place an order.
Source Fool.com
