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.
Dow Jones Industrial Average
) closed up 57 points (+0.3%) at 17,947. During the day, 385.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 341.1 million. The NYSE advances/declines ratio closed at 1,343 issues advancing vs. 1,767 declining with 130 unchanged.
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The Dow component that led the way higher today was
), which sported a $1.50 gain (+1.6%) bringing the stock to $97.29. This single gain lifted the Dow Jones Industrial Average by 11.35 points or roughly accounting for 19.9% of the Dow's overall gain. Volume for McDonald's ended the day at 5.7 million shares traded vs. an average daily trading volume of 5.9 million shares.
McDonald's has a market cap of $92.63 billion and is part of the services sector and leisure industry. Shares are up 2.2% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.5%.
McDonald's Corporation operates and franchises 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 products, soft drinks, coffee, and other beverages.
TheStreet Ratings rates McDonald's as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full McDonald's Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a 62-cent decline (-0.4%) bringing the stock to $165.46. Volume for International Business Machines ended the day at 5.7 million shares traded vs. an average daily trading volume of 3.7 million shares.
International Business Machines has a market cap of $164.42 billion and is part of the technology sector and computer software & services industry. Shares are up 3.5% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.1%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full International Business Machines Ratings Report.