Picked up shares of $MCD (+0,51 %)
at $250.
I believe in the name and I think I caught it at a great price: has been trading around the low-$300s lately, with a 52-week high above $340. Getting in at $250 means buying one of the most defensive blue chips out there below its recent range — a global brand, a growing dividend (~2.4% yield), consistent buybacks, and the kind of business that keeps compounding through any macro cycle.
Analyst average target sits in the mid-$340s with a Buy rating.
I'm not here for the quick move though — this is a long-term hold, collecting the dividend and letting it work.
Buying quality on weakness. 🍔📈
#MCD
#dividendinvesting
#bluechip
#buyandhold
