Jim Cramer on Why McDonald's Is a Safe Haven in a Volatile Market

Jim Cramer breaks down why investors should consider Real Money's stock of the day, McDonald's.
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McDonald's (MCD) - Get Report is RealMoney's stock of the day.

Cramer weighs in on why the company was picked as the stock of the day and how investors can play it in a volatile market.

Real Money reporter Kevin Curran took a look at why McDonald's is a safe haven in a volatile market.

McDonald's trades around 21.5 times forward P/E ratio. 

At 1:34 p.m. in New York, McDonald's was down slightly to $183.69. Shares of the company are up nearly 12% over the past three months.

Given the volatility in the markets--the Dow opened up over 300 points, the Nasdaq was up over 100 and the S&P up 30 points when trading opened on Monday, Dec. 11--it's important to know how to play the markets. 

At 1:34 p.m. in New York, the Dow was down 58 points while the Nasdaq and S&P were both in the green.