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.
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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.

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