Barron’s had some interesting comments on McDonald’s (MCD) this past weekend (see “Trouble on the Menu at McDonald’s). Though mostly bearish on the stock, Barron’s noted that just 7 out of 29 Wall Street analysts were bullish on the stock. That’s the sort of one-sided sentiment contrarians dream of.

 

Only 7 of 29 Wall Street analysts rate $MCD a buy, according to Barrons. If that's not a contrarian signal…

— Charles Sizemore (@CharlesSizemore) May. 11 at 04:28 PM

The last time sentiment was anywhere NEAR that pessimistic was 2002, when only 4 of 11 analysts rated it a buy.

— Charles Sizemore (@CharlesSizemore) May. 11 at 04:29 PM

$MCD cannot realistically have a run like it did starting in 2002 because starting valuations are so much higher.

— Charles Sizemore (@CharlesSizemore) May. 11 at 04:30 PM

But with a 3.5% dividend yield, a commitment to shareholder yield, and MASSIVE pessimism by the Street, I'm lovin' it. $MCD

— Charles Sizemore (@CharlesSizemore) May. 11 at 04:31 PM

This little diatribe made me hungry. I kinda want a Big Mac now.

— Charles Sizemore (@CharlesSizemore) May. 11 at 04:32 PM

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