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 down 10.0 points at 18,214. During the day, 326.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 373.3 million. The NYSE advances/declines ratio closed at 1,392 issues advancing vs. 1,661 declining with 147 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
), which sported a $1.59 gain (+1.6%) bringing the stock to $102.80. Volume for Johnson & Johnson ended the day at 11.1 million shares traded vs. an average daily trading volume of 9.2 million shares.
Johnson & Johnson has a market cap of $281.87 billion and is part of the health care sector and drugs industry. Shares are down 3.2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.8%.
Johnson & Johnson, together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics.
TheStreet Ratings rates Johnson & Johnson as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Johnson & Johnson Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a $1.52 decline (-1.4%) bringing the stock to $107.06. This single loss lowered the Dow Jones Industrial Average by 11.5 points or roughly accounting for 115% of the Dow's overall loss. Volume for Chevron ended the day at 5.8 million shares traded vs. an average daily trading volume of 9.7 million shares.
Chevron has a market cap of $202.98 billion and is part of the basic materials sector and energy industry. Shares are down 3.2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 4%.
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 largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. 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.