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 22 points (+0.1%) at 16,982. During the day, 291 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.5 million. The NYSE advances/declines ratio closed at 1,322 issues advancing vs. 1,713 declining with 153 unchanged.
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The Dow component that led the way higher today was
), which sported a $1.38 gain (+0.7%) bringing the stock to $195.78. This single gain is lifting the Dow Jones Industrial Average by 10.44 points or roughly accounting for 47.5% of the Dow's overall gain. Volume for International Business Machines ended the day at 3.2 million shares traded vs. an average daily trading volume of 3.9 million shares.
International Business Machines has a market cap of $197.62 billion and is part of the technology sector and computer software & services industry. Shares are up 3.6% year-to-date as of Friday's close. The stock's dividend yield sits at 2.3%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full International Business Machines Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a 55-cent decline (-0.3%) bringing the stock to $214.22. Volume for Visa ended the day at 2.6 million shares traded vs. an average daily trading volume of 2.5 million shares.
Visa has a market cap of $111.24 billion and is part of the financial sector and financial services industry. Shares are down 3.5% year-to-date as of Friday's close. The stock's dividend yield sits at 0.7%.
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, growth in earnings per share, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Visa Ratings Report.