On this weekend's hotline, I rated McDonald's (MCD) as my top buy for the week. The company reported strong first-quarter earnings this morning. For the first three months of the year, MCD earned 81 cents a share. That's a big jump over the 62 cents a share it made last year.

This really surprised Wall Street which was expecting just 70 cents per share. The major reason for the good quarter was the weak dollar and strong global sales. In fact, the company's U.S. business is barely growing at all.

Many of our oil stocks are looking good today as oil closes in on $120 a barrel.