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Dow Today: Bank Of America Corporation (BAC) Leads The Day Higher, Pfizer (PFE) Lags

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading up 39 points (+0.3%) at 13,113 as of Friday, Dec 7, 2012, 9:35 a.m. ET. During this time, 42.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 633.6 million. The NYSE advances/declines ratio sits at 1,877 issues advancing vs. 642 declining with 191 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 Bank of America Corporation (NYSE: BAC), which is sporting a 16-cent gain (+1.6%) bringing the stock to $10.62. This single gain is lifting the Dow Jones Industrial Average by 1.21 points or roughly accounting for 3.1% of the Dow's overall gain. Volume for Bank of America Corporation currently sits at 18.1 million shares traded vs. an average daily trading volume of 157 million shares.

Bank of America Corporation has a market cap of $112.74 billion and is part of the financial sector and banking industry. Shares are up 88.1% year to date as of Thursday's close. The stock's dividend yield sits at 0.4%.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services to individual consumers, small-and middle-market businesses, institutional investors, corporations, and governments in the United States and internationally. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk.

Holding back the Dow today is Pfizer (NYSE: PFE), which is lagging the broader Dow index with a 28-cent decline (-1.1%) bringing the stock to $25.34. Volume for Pfizer currently sits at 3.1 million shares traded vs. an average daily trading volume of 29.5 million shares.

Pfizer has a market cap of $188.78 billion and is part of the health care sector and drugs industry. Shares are up 18.5% year to date as of Thursday's close. The stock's dividend yield sits at 3.4%.

Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and sale of medicines for people and animals worldwide. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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