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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) closed down 33.0 points (-0.2%) at 13,482. During the day, 493 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 572.2 million. The NYSE advances/declines ratio closed at 1,586 issues advancing vs. 1,389 declining with 135 unchanged.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

The Dow component that led the way higher today was Chevron (NYSE: CVX), which sported a 71-cent gain (+0.6%) bringing the stock to $117.96. Volume for Chevron ended the day at 5.8 million shares traded vs. an average daily trading volume of 5.8 million shares.

Chevron has a market cap of $228.71 billion and is part of the basic materials sector and energy industry. Shares are up 9.5% year to date as of Monday's close. The stock's dividend yield sits at 3.1%.

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 8.7, 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 largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, notable return on equity and solid stock price performance. 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 $1.06 decline (-1.1%) bringing the stock to $90.93. This single loss is lowering the Dow Jones Industrial Average by 8.02 points or roughly accounting for 24.3% of the Dow's overall loss. Volume for McDonald's Corporation ended the day at 5.8 million shares traded vs. an average daily trading volume of 5.4 million shares.

McDonald's Corporation has a market cap of $92.52 billion and is part of the services sector and leisure industry. Shares are down 8.3% year to date as of Monday's close. The stock's dividend yield sits at 3.4%.

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 17.2, 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Energy Takes a Backseat as Crude Oil Stabilizes Under $50

Energy M&A Weekly: More Midstream IPOs Expected in 2017

Here's Where Wall Street Stands

Attorneys General Investigate Thousands of Hurricane Price-Gouging Claims

Walmart, Starbucks Respond to Hurricanes the Best -- Others? Not So Much