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 49 points (+0.3%) at 16,321. During the day, 412.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 400.9 million. The NYSE advances/declines ratio closed at 1,828 issues advancing vs. 1,199 declining with 144 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 76-cent gain (+0.8%) bringing the stock to $92.12. This single gain lifted the Dow Jones Industrial Average by 5.75 points or roughly accounting for 11.7% of the Dow's overall gain. Volume for Johnson & Johnson ended the day at 9.5 million shares traded vs. an average daily trading volume of 8.3 million shares.
Johnson & Johnson has a market cap of $257.74 billion and is part of the health care sector and drugs industry. Shares are down 0.3% year to date as of Thursday's close. The stock's dividend yield sits at 2.9%.
Johnson & Johnson, together with its subsidiaries, engages 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 revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Johnson & Johnson Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a 36-cent decline (-0.3%) bringing the stock to $115.33. Volume for Chevron ended the day at 6.8 million shares traded vs. an average daily trading volume of 6.4 million shares.
Chevron has a market cap of $220.52 billion and is part of the basic materials sector and energy industry. Shares are down 7.4% year to date as of Thursday's close. The stock's dividend yield sits at 3.5%.
Chevron Corporation, through its subsidiaries, engages 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Chevron Ratings Report.