Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
Dow Jones Industrial Average
) is trading up 12 points at 17,067 as of Wednesday, Sep 24, 2014, 9:36 a.m. ET. During this time, 10.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.5 million. The NYSE advances/declines ratio sits at 1,378 issues advancing vs. 1,282 declining with 294 unchanged.
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The Dow component leading the way higher looks to be
), which is sporting an 83-cent gain (+0.9%) bringing the stock to $94.34. This single gain is lifting the Dow Jones Industrial Average by 6.28 points or roughly accounting for 52.3% of the Dow's overall gain. Volume for McDonald's currently sits at 316,495 shares traded vs. an average daily trading volume of 5.5 million shares.
McDonald's has a market cap of $92.23 billion and is part of the services sector and leisure industry. Shares are down 3.6% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3.6%.
McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus.
TheStreet Ratings rates McDonald's as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full McDonald's Ratings Report.
Holding back the Dow today is
), which is lagging the broader Dow index with a $1.35 decline (-1.1%) bringing the stock to $121.71. Volume for Chevron currently sits at 475,526 shares traded vs. an average daily trading volume of 4.9 million shares.
Chevron has a market cap of $234.5 billion and is part of the basic materials sector and energy industry. Shares are down 1.5% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3.5%.
Chevron Corporation, through its subsidiaries, is engaged in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.
TheStreet Ratings rates Chevron as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Chevron Ratings Report.