Dow Today: McDonald's Corporation (MCD) Higher

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 or Stephanie Links.

The Dow Jones Industrial Average ( ^DJI) is trading down 53.0 points (-0.3%) at 15,502 as of Friday, Jul 26, 2013, 1:35 p.m. ET. During this time, 200.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 587.9 million. The NYSE advances/declines ratio sits at 1,227 issues advancing vs. 1,694 declining with 118 unchanged.
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The Dow component leading the way higher looks to be McDonald's Corporation (NYSE: MCD), which is sporting a 36-cent gain (+0.4%) bringing the stock to $97.85. Volume for McDonald's Corporation currently sits at 2.5 million shares traded vs. an average daily trading volume of 5.1 million shares.

McDonald's Corporation has a market cap of $96.91 billion and is part of the services sector and leisure industry. Shares are up 9.6% year to date as of Thursday's close. The stock's dividend yield sits at 3.2%.

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.

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, growth in earnings per share, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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