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
Dow Jones Industrial Average
) is trading up 137 points (+0.8%) at 17,328 as of Thursday, Jan 29, 2015, 1:36 p.m. ET. During this time, 262.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 343.6 million. The NYSE advances/declines ratio sits at 1,614 issues advancing vs. 1,394 declining with 161 unchanged.
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The Dow component leading the way higher looks to be
), which is sporting a six-cent gain to $81.79. This single gain is lifting the Dow Jones Industrial Average by 0.45 points or roughly accounting for 0.3% of the Dow's overall gain. Volume for American Express currently sits at 4.4 million shares traded vs. an average daily trading volume of 4.2 million shares.
American Express has a market cap of $85.26 billion and is part of the financial sector and financial services industry. Shares are down 12.2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.3%.
American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S.
TheStreet Ratings rates American Express as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full American Express Ratings Report.