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EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Dow Today: Goldman Sachs Group (GS) Leads The Day Higher, Chevron (CVX) Lags

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) closed up 108 points (+0.7%) at 16,481. During the day, 424.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 355 million. The NYSE advances/declines ratio closed at 1,959 issues advancing vs. 1,049 declining with 140 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 that led the way higher today was Goldman Sachs Group (NYSE: GS), which sported a $2.15 gain (+1.2%) bringing the stock to $178.75. This single gain is lifting the Dow Jones Industrial Average by 16.27 points or roughly accounting for 15.1% of the Dow's overall gain. Volume for Goldman Sachs Group ended the day at three million shares traded vs. an average daily trading volume of 2.8 million shares.

Goldman Sachs Group has a market cap of $79.71 billion and is part of the financial sector and financial services industry. Shares are down 0.4% year to date as of Tuesday's close. The stock's dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a 39-cent decline (-0.3%) bringing the stock to $119.18. Volume for Chevron ended the day at 5.8 million shares traded vs. an average daily trading volume of 5.7 million shares.

Chevron has a market cap of $229.34 billion and is part of the basic materials sector and energy industry. Shares are down 4.3% year to date as of Tuesday's close. The stock's dividend yield sits at 3.4%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The company has a P/E ratio of 9.8, 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, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

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DOW 16,987.51 -61.49 -0.36%
S&P 500 1,985.54 -11.91 -0.60%
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