194.30 +0.30 (0.15%)
After hours: 7:56PM EST
|Bid||194.00 x 1000|
|Ask||194.28 x 1100|
|Day's Range||193.16 - 195.50|
|52 Week Range||169.04 - 221.93|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||25.47|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||5.00 (2.56%)|
|1y Target Est||221.89|
Serial dividend raisers, such as the Dividend Aristocrats, are beloved by income hunters. Remember: A steady payout is only half of the formula for successful income investing. The big returns come over time, from regular dividend increases, which lift the yield an investor receives on his or her original cost basis.But while these dividend-hiking stalwarts usually aren't known for their hot growth prospects, a few are indeed poised to outperform in 2020.To find price upside among dependable dividend stocks, we started with the Dividend Aristocrats. For the uninitiated, the Aristocrats are an index of 57 S&P; 500 companies currently that have raised their payouts annually for at least 25 years.Next, we calculated the implied upside for all 57 Aristocrats based on analysts' average price targets. A price target is the level at which analysts forecast a stock will trade at some point in the future, typically 12 months out.After running the numbers, we were left with 10 Dividend Aristocrats that offered projected upside of at least 10% in the year ahead. Add in the contributions from their dividends, and these primarily defensive stocks may deliver significant offense in 2020. SEE ALSO: 14 High-Yield Dividend Stocks to Buy for the 4% Rule
BOSTON, Nov. 14, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, is investigating whether.
DOW UPDATE The Dow Jones Industrial Average is trading down Thursday morning with shares of Cisco and Merck seeing the biggest drops for the blue-chip average. Shares of Cisco (CSCO) and Merck (MRK) have contributed to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 70 points (0.
Raging competition has weighed on margins, and large restaurant chains have been able to negotiate for lower rates. But one analyst says McDonald’s and Chipotle are poised for growth.
Recently departed CEO Steve Easterbrook had been one of the driving forces behind McDonald's push toward more ordering kiosks.
The proposed class action lawsuit filed in a Michigan state court accused McDonald's of lacking policies to address sexual harassment, failing to train managers to prevent it, and retaliating against workers who complain. It said McDonald's "creates and permits a toxic work culture from the very top," citing last week's firing of Chief Executive Steve Easterbrook for having an improper consensual relationship with an employee.
McDonald's Corp was sued on Tuesday by workers in Michigan who accused the fast-food chain of allowing pervasive sexual harassment to flourish at its restaurants nationwide. The proposed class action lawsuit filed in a Michigan state court accused McDonald's of lacking policies to address sexual harassment, failing to train managers to prevent it, and retaliating against workers who complain. It said McDonald's "creates and permits a toxic work culture from the very top," citing last week's firing of Chief Executive Steve Easterbrook for having an improper consensual relationship with an employee.
CHICAGO, Nov. 12, 2019 /PRNewswire/ -- McDonald's USA announced today that 100% of the ground and whole bean coffee for U.S. restaurants is sustainably sourced,* achieving this 2020 goal a year ahead of schedule. Coffee for McDonald's USA restaurants is verified sustainable through McDonald's McCafé Sustainability Improvement Platform (SIP), a coffee sustainability program developed in partnership with Conservation International, or sourced from Rainforest Alliance Certified™ farms. McDonald's long-term, ongoing commitment remains focused on promoting climate resiliency and allowing farmers to continue their coffee farming traditions for generations to come.
Even though the U.S.-China trade war is seemingly easing, it could flare back up again at any time. As a result, many investors are still looking for defensive stocks to buy now. Of course, in the most extreme example, you can elect to go all into cash. However, history has proven that to be the worst thing to do. Instead, this is a good time to consider dividend aristocrats.First, market uncertainty incentivizes stable dividend stocks to buy now. How so? Passive-income generating companies typically perform better than high-flying growth names during bearish phases. For one thing, investors can still collect their payouts even if their portfolio isn't doing too well. Moreover, organizations that have a history of consistent payouts tend to be levered toward secular or otherwise steady industries.And there's no better paragon of stability than dividend aristocrats. For those who are unfamiliar with the term, dividend aristocrats have three main requirements: they must be equities traded in the S&P 500, have 25 years-plus of dividend increases and meet size/liquidity benchmarks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Large-Cap Stocks to Give a Wide Berth However, a word of caution. Just because you put dividend aristocrats in your list of stocks to buy now doesn't guarantee a smooth ride. If the markets turn volatile, you can expect virtually all names to incur red ink.But the major selling point is magnitude. With dividend aristocrats, you're limiting your potential losses due to the robustness of the target company. Better yet, the volatility provides a rare discount for these stalwarts of industry.So with that in mind, here are eight stocks to buy now with a long track record of payouts: Stocks to Buy: McDonald's (MCD)Source: Shutterstock Dividend Yield: 2.6%I'm going to start my list of stocks to buy now with a name I was wrong about: McDonald's (NYSE:MCD). One of the reasons why I didn't like MCD stock was that the Golden Arches apparently wasn't winning over millennials. But recently, I started eating out at McDonald's, and I discovered that the real fundamentals don't match the "paper" data.For instance, the McDonald's app is incredibly convenient. You order what you want on your phone and go up to the counter or the drive-thru. Very quickly, their employees deliver your selected items. And let's talk about the drive-thru: it's lightning-quick, even with rows of waiting cars. That's a major plus for MCD stock.Finally, McDonald's is a proud member of the dividend aristocrats. It has increased its payout consistently over a 43-year period. If a downturn were to impact the markets, MCD stock is a name you'll want to own. Colgate-Palmolive (CL)Source: Shutterstock Dividend Yield: 2.6%When you're on the hunt for stable stocks to buy now, you don't want to get too cute. Instead, you'll want to go with a proven name like Colgate-Palmolive (NYSE:CL). The investment thesis for CL stock is straightforward and simple. Even in times of recession, people still need to brush their teeth. Thus, I expect a steady revenue stream no matter what happens in the coming months and years. * 7 Large-Cap Stocks to Give a Wide Berth I believe CL stock will give you excellent protection over the coming months. Keep in mind that Colgate-Palmolive has increased their dividends for 55 years. That's an impressive feat, even compared to other dividend aristocrats. Further, it's a status that management won't give up without a fight. Cardinal Health (CAH)Source: Shutterstock Dividend Yield: 3.6%In recent years, the healthcare sector has suffered a black eye from a public relations standpoint. Thus, it's no surprise that many companies in this segment have faltered. However, I'd consider putting Cardinal Health (NYSE:CAH) on your list of stocks to buy now. Unlike other players in this broad category, CAH stock is strongly levered to secular demand.In other words, Cardinal Health has a wide range of professional medical products. They run the gamut from anesthesia-related equipment to laboratory products down to something as mundane as gloves. While medical technology is always improving, some things will always remain the same. For these everyday concerns in the medical field, Cardinal Health has folks covered. Ultimately, that's a great catalyst for CAH stock.Another factor is that the company very much belongs on the list of dividend aristocrats. While the exact number of dividend increases causes some disagreement, CAH is included in the Proshares S&P 500 Dividend Aristocrats ETF (BATS:NOBL). And whatever the case, it has reliably raised dividends for at least the last 14 years. Aflac (AFL)Source: Shutterstock Dividend Yield: 2%Simply put, Aflac (NYSE:AFL) is a great company with an incredibly relevant service. As you no doubt have learned through their quirky commercials, Aflac specializes in supplemental insurance. Essentially, their range of products protect you financially from incidents that "regular" insurance doesn't cover or cover adequately. Plus, their solutions represent an incremental cost for much peace of mind, bolstering the case for AFL stock.And while most millennials probably think they're invincible, many will encounter situations that give them a reality check. Additionally, they may hear horror stories about how coverage gaps financially ruined one of their peers. Whatever the case, Aflac, and by logical deduction, AFL stock, has opportunities to rise through word of mouth. * 7 Large-Cap Stocks to Give a Wide Berth Finally, Aflac is one of the most stable stocks to buy now among dividend aristocrats. Kimberly-Clark (KMB)Source: Shutterstock Dividend Yield: 3.1%I don't always prepare for recessions. But when I do, I take a long look at Kimberly-Clark (NYSE:KMB). If you're concerned about a prolonged downturn in the U.S. or global economy, you'll also want to consider KMB stock. As with Colgate-Palmolive, the bullish argument here is very simple: even in recessions, people need to use the bathroom.And without getting graphic, people also need to take care of themselves after a lengthy session with the porcelain throne. Kimberly-Clark offers some of the best products for this endeavor, and I speak from personal experience. Moreover, the company has other family-care products. If you think about it, KMB stock is truly a cradle-to-grave investment.Kimberly-Clark has traded among dividend aristocrats for 46 years. That makes its shares one of the stocks to buy now in my book. Chevron (CVX)Source: Shutterstock Dividend Yield: 3.9%With the U.S. and China trading barbs and sanctions, it's no surprise that oil companies like Chevron (NYSE:CVX) fell. On surface level, CVX stock currently faces two major headwinds. First, global volatility means lower demand overall for energy. Second, the push for clean and renewable energies makes CVX stock appear antiquated, and perhaps soon approaching irrelevancy.Admittedly, the first point is going to be a major distraction for Chevron. However, even in the middle of a recession, people still require transportation. Thus, I don't see demand falling completely off the cliff. On the second point, I believe green energy is more a gimmick than a practical reality. Our infrastructure is simply not ready to accommodate innovations like electric vehicles on a mass scale. * 7 Large-Cap Stocks to Give a Wide Berth Granted, CVX stock is a risky play among this list of stocks to buy now. That said, the trade war dynamic should drive shares to an attractive discount. At that point, I think Chevron becomes a bargain because the world still needs fossil-fuel-based energy. AT&T (T)Source: Shutterstock Dividend Yield: 5.2%With AT&T (NYSE:T), we're really getting into the riskier side of the dividend stocks to buy now. I say this for a couple of reasons. One, with a yield of 5.2%, sustainability becomes a concern. Second, and a perfect segue, the dividend payout ratio for T stock is on-paper astronomical. Therefore, many bears anticipate that AT&T will lose its status as one of the key dividend aristocrats.However, it's important to point out that telecoms usually have extremely large depreciation and amortization costs. That artificially depresses earnings, which makes the high payout ratio somewhat deceptive. Still, I concede the point that T stock is saddled with an unprecedented debt level. Its big-moat, slow-growth narrative is distracting, especially when we may be headed toward a recession.That said, this criticism focuses on the headline print. In reality, AT&T is one of very few companies that have the resources and know-how to roll out the 5G network. And because we're in a tech cold war with international adversaries, I see the government supporting T stock big time. 3M (MMM)Source: Shutterstock Dividend Yield: 3.4%Last on my list of stocks to buy now is applied-sciences firm 3M (NYSE:MMM). After providing largely steady gains over the last several decades, MMM stock is in trouble. Hitting a peak around February of 2018, shares have formed an ugly bearish trend channel. Efforts to time the bottom have badly bruised speculators.Surely, I'm not alone when I say that I dislike the phrase "this time, it's different." It's almost bad karma to use those words when discussing an investment thesis. However, I genuinely believe that with MMM stock, this is a valid descriptor.One of the toughest challenges for MMM stock is that the underlying company didn't have a relevant product. That calculus has changed with their latest "Flex & Seal Shipping Roll." Essentially, this is a customizable shipping package that doesn't require tape or other cumbersome equipment.Looking at the video demonstration of Flex & Seal, I think it's a game-changer for retail. By logical deduction, then, it's a game-changer for MMM stock.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Give a Wide Berth * 7 Potential New Stocks That Should Not Go Public * 5 Chinese Stocks to Buy Surging Higher The post 8 Dividend Aristocrat Stocks to Buy Now appeared first on InvestorPlace.
As equities look to continue their remarkable run but nothing has been set in stone regarding the trade war, dividend paying stocks may be a solid route to take as things progress.
Insider buying can be an encouraging signal for potential investors. A new chief executive officer at a Dow Jones industrial purchased shares this week. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit.
McDonald’s ousted its CEO over a consensual relationship with an employee, just a week after U.S. Rep. Katie Hill stepped down due to a similar allegation. Both McDonald’s (MCD) and the House of Representatives ban sexual relationships between supervisors and employees. Whether such bans on consensual relationships are really necessary has been debated many times.
McDonald’s CEO Steve Easterbook has been fired after having a relationship with an employee, just over a year after urging staff to “do the right thing” when faced with the choice between right and wrong.
McDonald’s Corp. investors have good reason to be disappointed that Steve Easterbrook will no longer run the fast-food giant, as the stock had outperformed its quick-service peers and the broader stock market during his tenure.
While McDonald’s new CEO, Chris Kempczinski, has said he plans to continue the progress made under his predecessor, headwinds are gathering
The Dow Jones hit fresh highs amid mixed China trade news. Chinese e-commerce stocks and more chip names. Disney earnings and the McDonald's CEO ouster were big news.
The Dow Jones didn't move much early Friday despite strong earnings and a big price gain for Disney stock. Planet Fitness gapped up sharply on earnings.
Shares of McDonald's Corp. rose 0.9% in premarket trading Friday, after Longbow Research analyst Alton Stump got back to being bullish on the fast-food giant, citing confidence in new-Chief Executive Chris Kempczinski. Stump raised his rating to buy, after downgrading the stock to neutral on May 1. He set his price target at $227, which is 17.6% above Thursday's closing price of $193.08. "While we were of course disappointed to hear the news of former CEO Steve Easterbrook's departure earlier this week, we believe McDonald's is in good hands under new CEO Chris Kempczinski," Stump wrote in a note to clients. "Since his promotion to president of McDonald's USA in January 2017, Mr. Kempczinski has played an integral role alongside Mr. Easterbrook in overseeing an impressive domestic same-store sales recovery." The stock has lost 11.4% over the past three months, while the SPDR Consumer Discretionary Select Sector ETF has gained 1.6% and the Dow Jones Industrial Average has advanced 4.9%.
Benzinga Pro's Stocks To Watch For Friday Disney (DIS) - Shares traded 6% higher following better-than-expected Q4 earnings but a slight sales miss. Analysts who responded to the earnings report were mostly ...
Beyond Meat (NASDAQ:BYND) stock is down over 60% from July. After its initial public offering (IPO) on May 2, BNYB stock price exploded to a peak of $234.90. Even with the steep plunge, BNYD stock is still up over 20% from its May 2 closing price.Source: Shutterstock But the party may be ending for the plant-based meat substitute producer. BYND was one of the last of the so-called unicorn stocks to fog investors' mirrors. Even though it has yet to show a profit, BYND stock price climbed over 700% from its initial IPO price of $25.Some of this was based on the altruistic reasons that some consumers have for reducing or eliminating meat from their diet. But emotion only takes a stock so far, and the problem for BYND stock is that as more facts are coming out about the product and consumer acceptance (or lack thereof), the stock may have further to fall.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Excess Optimism Might Hurt Beyond Meat StockA recent poll commissioned by Herbalife Nutrition found that 71% of the 2,000 respondents polled were open to including more plant-based foods in their diet. In addition, 53% said meat did not play a very large role in their diet. A key finding was that 16% of those surveyed said they didn't eat "meatless meat". However, when presented with additional facts, many conceded they were not aware "meatless meat" was not made in a lab. * 7 Stocks to Sell Before They Roll Over Undoubtedly statistics like this helped propel Beyond Meat's stock to stratospheric levels. And Beyond Meat looked to be building its brand with new product offerings and expanding margins that would, theoretically, lift the company into the black.However, all of that was based on the company continuing to grow its 2.1% market share. That looks to be in doubt. Is Beyond Meat a Healthier Alternative?In a recent op-ed piece in the Wall Street Journal, Rick Berman wrote in detail why plant-based meat was not any healthier than meat itself. The article points out that unlike the trend toward "clean food" which has no additives, plant-based meat is going in the opposite direction. And as consumers figure that out, they may turn away from BYND products.It appears that may already be starting. Berman writes that BYND's touted partnership with Tim Hortons is falling apart. The chain has pulled BYND products from all Canadian stores outside of British Columbia and Ontario. Del Taco (NASDAQ:TACO) and McDonald's (NYSE:MCD) are also reporting disappointing sales numbers.As I see it, this is touching on a fundamental problem for Beyond Meat. If they are going to grow their market share, they will need to draw in more than vegans and vegetarians. This presents two concerns.First, this represents a very narrow section of the population. According to a 2018 Gallup poll of 1,000 U.S. adults, only 5% identified themselves as vegetarian and only 3% identified as vegan. Gallup has been conducting this poll since 1999 and the percentages have stayed stable.Second, it's dangerous to assume why a vegetarian or vegan is choosing that lifestyle. Finding a plant-based burger substitute that "tastes like a burger" may not be their issue. And, as Berman wrote, a Beyond Meat burger may not be a very healthy alternative anyway. Will Traditional Meat Eaters Give BYND a Shot?So that means Beyond Meat needs to convert traditional meat-eaters to give its product a shot on an occasional basis. Here again I see a problem.If I want a burger, I want a burger. And if I don't want a burger, even if that's for altruistic reasons, I can choose a range of other foods - none of which are a burger. In fact, I can choose a vegetarian or vegan entree. It's that simple. There are a lot of choices. The Bottom Line on BYND StockIf it sounds like I'm down on BYND stock, it's because I am. When I look at the product, I see the company doesn't have a proprietary formula. When I look at the market, I see competition that is growing by the day.Beyond Meat does not have a moat to protect its business model. What it has is emotion. And investors all too often buy on emotion. But when investors buy on emotion, they will, at some point, need to justify with facts.The facts right now are that consumers can find different options to signal their objection to meat. And as more information about "how the sausage is made" is released, consumers will begin to realize that a Beyond Meat burger may be good for the environment, but not good for their health.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Sell Before They Roll Over * 5 Beaten-Up Stocks to Buy That Could Be Saved By An Acquisition * 4 Startup Stocks Getting Smashed The post The Facts Are Catching Up with BYND Stock appeared first on InvestorPlace.
Kempczinski, who was named to the top post this week, paid $500,000 for McDonald’s stock on the open market on Wednesday. Director John Mulligan also bought shares of the burger giant.
McDonald's is facing new charges that the company is not being tough enough on allegations of sexual harassment at its restaurants. In a new lawsuit, former McDonald's worker Jenna Ries said she endured daily harassment. Anna Werner has her story.