The Dow Jones Industrial Average ( ^DJI) closed up 24 points (+0.2%) at 13,228. During the day, 513.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 750.3 million. The NYSE advances/declines ratio closed at 2,012 issues advancing vs. 978 declining with 134 unchanged. The Dow component that led the way higher today was McDonald's Corporation (NYSE: MCD), which sported a $1.56 gain (+1.6%) bringing the stock to $97.39. This single gain is lifting the Dow Jones Industrial Average by 11.81 points or roughly accounting for 49.2% of the Dow's overall gain. Volume for McDonald's Corporation ended the day at 6.3 million shares traded vs. an average daily trading volume of 5.8 million shares. McDonald's Corporation has a market cap of $96.76 billion and is part of the services sector and leisure industry. Shares are down 4.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.9%. 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 17.8, equal to the average leisure industry P/E ratio and equal to 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, notable return on equity 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.
- You can view the full McDonald's Ratings Report.
- You can view the full Travelers Companies Ratings Report.