Dow Today: Caterpillar (CAT) Leads The Day Higher, McDonald's Corporation (MCD) Lags
The
Dow Jones Industrial Average
(
^DJI
) closed up 84 points (+0.7%) at 12,716. During the day, 846.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio closed at 2,505 issues advancing vs. 519 declining with 86 unchanged.
The Dow component that led the way higher today was
(NYSE:
), which sported a $1.36 gain (+1.2%) bringing the stock to $110.48. This single gain lifted the Dow Jones Industrial Average by 10.29 points or roughly accounting for 12.2% of the Dow's overall gain. Volume for Caterpillar ended the day at 6.4 million shares traded vs. an average daily trading volume of 7.8 million shares.
Caterpillar has a market cap of $68.73 billion and is part of the
sector and
industry. Shares are up 20.4% year to date as of Tuesday's close. The stock's dividend yield sits at 1.7%.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The company has a P/E ratio of 14.9, below the average industrial industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Caterpillar as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Caterpillar Ratings Report.
Holding the Dow back today was
(NYSE:
), which lagged the broader Dow index with a 64-cent decline (-0.6%) bringing the stock to $98.42. Volume for McDonald's Corporation ended the day at 5.9 million shares traded vs. an average daily trading volume of 5.4 million shares.
- See our dividend calendar or top-yielding stocks list.
McDonald's Corporation has a market cap of $101.04 billion and is part of the
sector and
industry. Shares are down 1.3% year to date as of Tuesday's close. The stock's dividend yield sits at 2.8%.
McDonald's Corporation, together with its subsidiaries, operates as a foodservice retailer worldwide. It franchises and operates McDonald's restaurants that offer various food items, soft drinks, coffee, desserts, snacks, and other beverages, as well as full or limited breakfast menu. The company has a P/E ratio of 18.7, below the average leisure industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates McDonald's Corporation as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full McDonald's Ratings Report.
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