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 31 points (+0.2%) at 16,765 as of Friday, Jun 13, 2014, 11:36 a.m. ET. During this time, 148.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 346.7 million. The NYSE advances/declines ratio sits at 1,519 issues advancing vs. 1,388 declining with 183 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.
The Dow component leading the way higher looks to be McDonald's (NYSE: MCD), which is sporting a 57-cent gain (+0.6%) bringing the stock to $100.34. This single gain is lifting the Dow Jones Industrial Average by 4.39 points or roughly accounting for 14.2% of the Dow's overall gain. Volume for McDonald's currently sits at 1.5 million shares traded vs. an average daily trading volume of 4.8 million shares. McDonald's has a market cap of $99.26 billion and is part of the services sector and leisure industry. Shares are up 2.8% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.2%. 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 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.