2. As of noon trading, McDonald's Corporation ( MCD) is up $0.96 (0.95) to $102.45 on light volume Thus far, 1.7 million shares of McDonald's Corporation exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $101.34-$102.46 after having opened the day at $101.34 as compared to the previous trading day's close of $101.49. 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. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's Corporation has a market cap of $101.3 billion and is part of the leisure industry. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Wednesday. TheStreet Ratings rates McDonald's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full McDonald's Corporation Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.