Dow Jones (DJIA) Today: Visa (V) 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
) is trading up 81 points (+0.4%) at 18,213 as of Monday, Mar 2, 2015, 9:36 a.m. ET. During this time, 19 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.3 million. The NYSE advances/declines ratio sits at 1,466 issues advancing vs. 1,294 declining with 252 unchanged.
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The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a $3.73 gain (+1.4%) bringing the stock to $275.04. This single gain is lifting the Dow Jones Industrial Average by 28.23 points or roughly accounting for 34.9% of the Dow's overall gain. Volume for Visa currently sits at 402,088 shares traded vs. an average daily trading volume of 2.6 million shares.
Visa has a market cap of $134.4 billion and is part of the financial sector and financial services industry. Shares are up 3.5% year-to-date as of Friday's close. The stock's dividend yield sits at 0.7%.
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
. 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, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Visa Ratings Report.
Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with a $1.25 decline (-1.2%) bringing the stock to $105.43. Volume for Chevron currently sits at 604,910 shares traded vs. an average daily trading volume of 9.5 million shares.
Chevron has a market cap of $201.29 billion and is part of the basic materials sector and energy industry. Shares are down 4.9% year-to-date as of Friday's close. The stock's dividend yield sits at 4%.
Chevron Corporation, through its subsidiaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream.
TheStreet Ratings rates Chevron as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow.
- You can view the full Chevron Ratings Report.
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