Dow Today: McDonald's Corporation (MCD) Lower

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 28.0 points (-0.2%) at 15,530 as of Monday, Jul 29, 2013, 3:15 p.m. ET. During this time, 275.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 586.8 million. The NYSE advances/declines ratio sits at 926 issues advancing vs. 2,037 declining with 104 unchanged.
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Holding back the Dow today is McDonald's Corporation (NYSE: MCD), which is lagging the broader Dow index with a 24-cent decline (-0.2%) bringing the stock to $97.80. This single loss is lowering the Dow Jones Industrial Average by 1.82 points or roughly accounting for 6.5% of the Dow's overall loss. Volume for McDonald's Corporation currently sits at 2.8 million shares traded vs. an average daily trading volume of 5.1 million shares.

McDonald's Corporation has a market cap of $97.74 billion and is part of the services sector and leisure industry. Shares are up 11.1% year to date as of Friday'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, growth in earnings per share, increase in stock price during the past year, expanding profit margins and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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