The

Dow Jones Industrial Average

(

^DJI

) is trading up 102 points (+0.8%) at 12,719 as of Wednesday, Jul 25, 2012, 1:35 p.m. ET. During this time, 350.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 685.8 million. The NYSE advances/declines ratio sits at 1,758 issues advancing vs. 1,172 declining with 133 unchanged.

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The Dow component leading the way higher looks to be

Alcoa

(NYSE:

AA

), which is sporting a six-cent gain (+0.8%) bringing the stock to $8.08. This single gain is lifting the Dow Jones Industrial Average by 0.45 points or roughly accounting for 0.4% of the Dow's overall gain. Volume for Alcoa currently sits at 13.4 million shares traded vs. an average daily trading volume of 22 million shares.

Alcoa has a market cap of $8.68 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 7.3% year to date as of Tuesday's close. The stock's dividend yield sits at 1.5%.

Alcoa, Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. The company has a P/E ratio of 116.3, above the average metals & mining industry P/E ratio of 101.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Alcoa as a

hold

. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.

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