Dow Today: Chevron (CVX) Leads The Day Higher, McDonald's Corporation (MCD) Lags - TheStreet

The

Dow Jones Industrial Average

(

^DJI

) closed up 93 points (+0.7%) at 12,627. During the day, 511.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 706.5 million. The NYSE advances/declines ratio closed at 2,387 issues advancing vs. 660 declining with 95 unchanged.

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The Dow component that led the way higher today was

Chevron

(NYSE:

CVX

), which sported a $1.62 gain (+1.6%) bringing the stock to $102.57. This single gain lifted the Dow Jones Industrial Average by 12.26 points or roughly accounting for 13.2% of the Dow's overall gain. Volume for Chevron ended the day at 5.6 million shares traded vs. an average daily trading volume of 6.9 million shares.

Chevron has a market cap of $195.45 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 5.1% year to date as of Tuesday's close. The stock's dividend yield sits at 3.6%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 7.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chevron as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding the Dow back today was

McDonald's Corporation

(NYSE:

MCD

), which lagged the broader Dow index with a 77-cent decline (-0.9%) bringing the stock to $88.33. Volume for McDonald's Corporation ended the day at 5.9 million shares traded vs. an average daily trading volume of 6.7 million shares.

McDonald's Corporation has a market cap of $89.55 billion and is part of the

services

sector and

leisure

industry. Shares are down 11.2% year to date as of Tuesday's close. The stock's dividend yield sits at 3.2%.

McDonald's Corporation, together with its subsidiaries, franchises and operates McDonald's restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. The company has a P/E ratio of 16.5, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates McDonald's Corporation as a

buy

. 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 good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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