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 68 points (+0.4%) at 16,436 as of Friday, Aug 8, 2014, 11:36 a.m. ET. During this time, 98.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 306.5 million. The NYSE advances/declines ratio sits at 2,058 issues advancing vs. 840 declining with 195 unchanged.
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Holding back the Dow today is McDonald's (NYSE: MCD), which is lagging the broader Dow index with a 23-cent decline (-0.2%) bringing the stock to $93.08. Volume for McDonald's currently sits at three million shares traded vs. an average daily trading volume of 4.7 million shares. McDonald's has a market cap of $91.78 billion and is part of the services sector and leisure industry. Shares are down 3.8% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.5%. 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, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.