Dow Jones (DJIA) Today: McDonald's (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..

The Dow Jones Industrial Average ( ^DJI) is trading up 263 points (+1.5%) at 18,187 as of Friday, May 8, 2015, 12:36 p.m. ET. During this time, 156.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 370 million. The NYSE advances/declines ratio sits at 2,517 issues advancing vs. 522 declining with 92 unchanged.
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The Dow component leading the way higher looks to be McDonald's (NYSE: MCD), which is sporting a $1.55 gain (+1.6%) bringing the stock to $98.33. This single gain is lifting the Dow Jones Industrial Average by 11.73 points or roughly accounting for 4.5% of the Dow's overall gain. Volume for McDonald's currently sits at 4.6 million shares traded vs. an average daily trading volume of 7.2 million shares.

McDonald's has a market cap of $92.45 billion and is part of the services sector and leisure industry. Shares are up 2.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.5%.

McDonald's Corporation operates and franchises 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 products, soft drinks, coffee, and other beverages.

TheStreet Ratings rates McDonald's as a buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

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