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Motley Fool Analyst Recommends Buying Home Depot (HD) and McDonald's (MCD) on Dip After Over 20% Decline from Highs
The Motley Fool analyst John Ballard sees a buying opportunity in Home Depot and McDonald's, noting both Dow Jones stocks are trading more than 20% off their highs. Home Depot is down 25% from its 2024 all-time high, with a forward dividend yield of 2.84%. McDonald's is down 24% from its prior high, offering a 2.82% dividend yield. Ballard cites their strong competitive positions, long growth runways, and attractive dividends as reasons to consider buying.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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