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 Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 2.0 points at 15,613 as of Monday, Nov 4, 2013, 12:30 p.m. ET. The NYSE advances/declines ratio sits at 1,800 issues advancing vs. 1,128 declining with 112 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 27-cent decline (-0.3%) bringing the stock to $96.97. This single loss is lowering the Dow Jones Industrial Average by 2.04 points or roughly accounting for 102% of the Dow's overall loss. Volume for McDonald's Corporation currently sits at 2.4 million shares traded vs. an average daily trading volume of 4.6 million shares.

McDonald's Corporation has a market cap of $96.04 billion and is part of the services sector and leisure industry. Shares are up 9.4% year to date as of Friday's close. The stock's dividend yield sits at 3.4%.

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, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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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