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

.

The

Dow Jones Industrial Average

(

^DJI

) is trading up 120 points (+0.9%) at 13,120 as of Friday, Aug 31, 2012, 11:35 a.m. ET. During this time, 188.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 606.1 million. The NYSE advances/declines ratio sits at 2,131 issues advancing vs. 698 declining with 149 unchanged.

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The Dow component leading the way higher looks to be

Coca-Cola

(NYSE:

KO

), which is sporting a 26-cent gain (+0.7%) bringing the stock to $37.40. This single gain is lifting the Dow Jones Industrial Average by 1.97 points or roughly accounting for 1.6% of the Dow's overall gain. Volume for Coca-Cola currently sits at 6.1 million shares traded vs. an average daily trading volume of 12.8 million shares.

Coca-Cola has a market cap of $168.64 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 7.1% year to date as of Thursday's close. The stock's dividend yield sits at 2.7%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 19.8, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coca-Cola as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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