McDonald's (MCD) Continues to Impress

McDonald's (MCD), along with Walmart (WMT) have been our 2 leading big cap names to take advantage of our "Pooring of America" theme [Do The Bottom 80% of Americans Stand a Chance] The theme here (for newer readers) is as the overextended consumer returns to reality and loses his many lines of credit, namesly his house ATM - along with the return of real inflation - they will be forced to move downstream. [Sep 19: Tough Times Ahead - Restaurants?] Again, we were proposing this thesis before 98% of pundits were even saying a slowdown would happen - not to mention a "recession" (not that we're in one) ;)

I will readily admit, however, my thought process is generally anti-super large cap stocks because I assume they can't appreciate in value too much. Well both these stocks have proven me wrong the past year as institutional money has flown in.

You can see the nice...