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 59 points (+0.3%) at 17,446 as of Wednesday, Jan 28, 2015, 1:36 p.m. ET. During this time, 243.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 339.4 million. The NYSE advances/declines ratio sits at 1,263 issues advancing vs. 1,763 declining with 131 unchanged.
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The Dow component leading the way higher looks to be
), which is sporting a 34-cent gain (+1%) bringing the stock to $33.15. This single gain is lifting the Dow Jones Industrial Average by 2.57 points or roughly accounting for 4.4% of the Dow's overall gain. Volume for AT&T currently sits at 25.5 million shares traded vs. an average daily trading volume of 24 million shares.
AT&T has a market cap of $172.1 billion and is part of the technology sector and telecommunications industry. Shares are down 2.3% year-to-date as of Tuesday's close. The stock's dividend yield sits at 5.7%.
AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally.
TheStreet Ratings rates AT&T as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full AT&T Ratings Report.