Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, October 21, 2022

Article Excerpt

MCDONALD’S CORP., $254.55, New York symbol MCD, is your #1 Conservative Buy for 2022. The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries. Franchisees own roughly 95% of those outlets. McDonald’s has raised its annual dividend rate each year since 1976. The next increase will come in December 2022 when your quarterly payment increases 10.1%, to $1.52 a share from $1.38. The new annual rate of $6.08 yields 2.4%. McDonald’s is your #1 Conservative Buy for 2022. McDonald’s recent coverage: Hotline for July 29, 2022 Hotline for June 17, 2022 PROCTER & GAMBLE CO., $128.58, New York symbol PG, is also a buy. The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies). In its fiscal 2023 first quarter, ended September 30, 2022,…