Wells Fargo has recently unveiled its top restaurant stock picks for the upcoming year and with McDonald's (MCD) has secured a top spot. Sweetening the deal is the fact that the fast-food staple is a Dividend Aristocrat, having raised its dividend payouts for 49 consecutive years.
Looking into the new year, Wells Fargo is confident that McDonald's can benefit from improving traffic and the resolution of E. coli concerns linked to onions served at its locations.
