Dow Today: Chevron (CVX) Leads The Day Higher, Travelers Companies (TRV) Lags

The Dow Jones Industrial Average (^DJI) closed up 16 points (+0.1%) at 12,965. During the day, 725.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio closed at 1,508 issues advancing vs. 1,501 declining with 104 unchanged.

The Dow component that led the way higher today was Chevron (NYSE:CVX), which sported a $1.75 gain (+1.6%) bringing the stock to $108.41. This single gain is lifting the Dow Jones Industrial Average by 13.24 points or roughly accounting for 82.8% of the Dow's overall gain. Volume for Chevron ended the day at 7.1 million shares traded vs. an average daily trading volume of 8.8 million shares.

Chevron has a market cap of $212.53 billion and is part of the basic materials sector and energy industry. Shares are up 0.2% year to date as of Friday's close. The stock's dividend yield sits at 3%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 7.9, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Travelers Companies (NYSE:TRV), which lagged the broader Dow index with a 57-cent decline (-1%) bringing the stock to $59.27. Volume for Travelers Companies ended the day at 2.3 million shares traded vs. an average daily trading volume of 3.9 million shares.

Travelers Companies has a market cap of $23.94 billion and is part of the financial sector and insurance industry. Shares are up 1.1% year to date as of Friday's close. The stock's dividend yield sits at 2.7%.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 17.8, above the average insurance industry P/E ratio of 15.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Travelers Companies 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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