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
) closed up six points at 17,678. During the day, 332 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 339 million. The NYSE advances/declines ratio closed at 2,130 issues advancing vs. 953 declining with 135 unchanged.
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The Dow component that led the way higher today was
), which sported a $2.03 gain (+1.9%) bringing the stock to $108.88. This single gain lifted the Dow Jones Industrial Average by 15.36 points or roughly accounting for 256% of the Dow's overall gain. Volume for Chevron ended the day at 7.6 million shares traded vs. an average daily trading volume of 8.8 million shares.
Chevron has a market cap of $205.91 billion and is part of the basic materials sector and energy industry. Shares are down 4.8% year-to-date as of Friday's close. The stock's dividend yield sits at 3.9%.
Chevron Corporation, through its subsidiaries, is engaged in petroleum, chemicals, mining, power generation, 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 increase in net income, 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 disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Chevron Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a $1.76 decline (-0.7%) bringing the stock to $256.53. Volume for Visa ended the day at 2.1 million shares traded vs. an average daily trading volume of 2.8 million shares.
Visa has a market cap of $127.12 billion and is part of the financial sector and financial services industry. Shares are down 1.5% year-to-date as of Friday'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
. 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, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Visa Ratings Report.