Dow Today: McDonald's Corporation (MCD) Higher

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 73 points (+0.4%) at 16,522 as of Tuesday, Apr 22, 2014, 10:36 a.m. ET. During this time, 87.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 422.8 million. The NYSE advances/declines ratio sits at 1,899 issues advancing vs. 941 declining with 203 unchanged.
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The Dow component leading the way higher looks to be McDonald's Corporation (NYSE: MCD), which is sporting a 31-cent gain (+0.3%) bringing the stock to $99.98. This single gain is lifting the Dow Jones Industrial Average by 2.35 points or roughly accounting for 3.2% of the Dow's overall gain. Volume for McDonald's Corporation currently sits at 2.9 million shares traded vs. an average daily trading volume of 5.4 million shares.

McDonald's Corporation has a market cap of $99.14 billion and is part of the services sector and leisure industry. Shares are up 2.7% year-to-date as of Monday'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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