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 up 33 points (+0.2%) at 16,105 as of Wednesday, Nov 27, 2013, 11:35 a.m. ET. During this time, 89.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 381.3 million. The NYSE advances/declines ratio sits at 1,740 issues advancing vs. 1,130 declining with 141 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 42-cent decline (-0.4%) bringing the stock to $96.97. Volume for McDonald's Corporation currently sits at 1.6 million shares traded vs. an average daily trading volume of five million shares. McDonald's Corporation has a market cap of $98.43 billion and is part of the services sector and leisure industry. Shares are up 12.1% year to date as of Tuesday's close. The stock's dividend yield sits at 3.3%. 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. The company has a P/E ratio of 17.9, above 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, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.