MCD - 4 Restaurant Dividend Growth Stocks Whose Time Has Come
The consumer discretionary sector is by far the most attractive sector (for me) at this time. The sector is expected to see high-single-digit earnings growth this year and market-leading, low-double-digit earnings growth next year. This growth is driven by labor market trends that have the number of workers at an all-time high, wages growing by +3% annually, and unemployment at record lows.
The Conference Board's Consumer Confidence Index moved up in May. The move was bigger than expected and a sign of underlying consumer strength. The index reading of 134.1 is nearly 5 points above