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Dow Today: Visa (V) Leads The Day Higher, Goldman Sachs Group (GS) 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 down 70.0 points (-0.4%) at 16,493. During the day, 371.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.2 million. The NYSE advances/declines ratio closed at 1,137 issues advancing vs. 1,931 declining with 129 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 Visa (NYSE: V), which sported an 80-cent gain (+0.4%) bringing the stock to $211.81. Volume for Visa ended the day at 3.3 million shares traded vs. an average daily trading volume of 2.5 million shares.

Visa has a market cap of $105.91 billion and is part of the financial sector and financial services industry. Shares are down 5.2% year-to-date as of Thursday's close. The stock's dividend yield sits at 0.8%.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

TheStreet Ratings rates Visa 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, growth in earnings per share, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding the Dow back today was Goldman Sachs Group (NYSE: GS), which lagged the broader Dow index with a $2.62 decline (-1.5%) bringing the stock to $170.25. This single loss lowered the Dow Jones Industrial Average by 19.83 points or roughly accounting for 28.3% of the Dow's overall loss. Volume for Goldman Sachs Group ended the day at 3.1 million shares traded vs. an average daily trading volume of 2.5 million shares.

Goldman Sachs Group has a market cap of $78.6 billion and is part of the financial sector and financial services industry. Shares are down 2.5% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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