Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
Dow Jones Industrial Average
) closed up 26 points (+0.2%) at 13,103. During the day, 542.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 565.6 million. The NYSE advances/declines ratio closed at 1,796 issues advancing vs. 1,180 declining with 124 unchanged.
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The Dow component that led the way higher today was
), which sported a $1.25 gain (+1.1%) bringing the stock to $110.96. This single gain lifted the Dow Jones Industrial Average by 9.46 points or roughly accounting for 36.4% of the Dow's overall gain. Volume for Chevron ended the day at 4.8 million shares traded vs. an average daily trading volume of 5.8 million shares.
Chevron has a market cap of $214.62 billion and is part of the basic materials sector and energy industry. Shares are up 2.8% year to date as of Wednesday's close. The stock's dividend yield sits at 3.3%.
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 8.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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, attractive valuation levels, 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 Chevron Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a $1.06 decline (-1.4%) bringing the stock to $72.12. Volume for Travelers Companies ended the day at 2.7 million shares traded vs. an average daily trading volume of 2.3 million shares.
Travelers Companies has a market cap of $27.99 billion and is part of the financial sector and insurance industry. Shares are up 24% year to date as of Wednesday's close. The stock's dividend yield sits at 2.5%.
The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 10.5, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Travelers Companies 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, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Travelers Companies Ratings Report.
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