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 86.0 points (-0.5%) at 16,084 as of Friday, Apr 11, 2014, 12:36 p.m. ET. During this time, 219.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 424.3 million. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,941 declining with 158 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Holding back the Dow today is McDonald's Corporation (NYSE: MCD), which is lagging the broader index with a nine-cent decline to $99.34. This single drop is lowering the Dow Jones Industrial Average by 0.68 points or roughly accounting for 0.8% of the Dow's overall loss. Volume for McDonald's Corporation currently sits at 3.2 million shares traded vs. an average daily trading volume of 5.3 million shares.

McDonald's Corporation has a market cap of $97.35 billion and is part of the services sector and leisure industry. Shares are up 2.5% year-to-date as of Thursday'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. The company's 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, good cash flow from operations, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
null

If you liked this article you might like

Crazy Weak U.S. Dollar Will Make These 10 Companies Huge Winners

How Lethal Is That Happy Meal? Inside the Kids' Menus at McDonald's and More

How to Travel in Style Exactly Like Billionaire Warren Buffett

Panera Bread Dares CEOs of McDonald's, Wendy's and Others to Eat Off Kids Menu

How Healthy Is That Happy Meal? Inside the Kids' Menus at McDonald's and More