McDonald's (NYSE: MCD) has excellent fundamentals, and its stock offers investors an above-average yield. Yet, despite the market's uncertainty these days and many investors seeking safe dividend stocks, McDonald's hasn't been rising in value. In fact, the top restaurant stock is down around 11% this year.
The stock should arguably be in much higher demand. Instead, it's trading near its 52-week low and approaching a two-year low. What's wrong with the dividend stock, and could this be a good time to add McDonald's to your portfolio?
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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