The

Dow Jones Industrial Average

(

^DJI

) is trading down four points at 12,980 as of Friday, Feb 24, 2012, 1:40 p.m. ET. During this time, 305.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,811 issues advancing vs. 1,115 declining with 121 unchanged.

Holding back the Dow today is

Kraft Foods

(NYSE:

KFT

), which is lagging the broader Dow index with a 14-cent decline (-0.4%) bringing the stock to $37.84. This single loss is lowering the Dow Jones Industrial Average by 1.06 points or roughly accounting for 26.5% of the Dow's overall loss. Volume for Kraft Foods currently sits at 4.8 million shares traded vs. an average daily trading volume of eight million shares.

Kraft Foods has a market cap of $67.67 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 1.7% year to date as of Thursday's close. The stock's dividend yield sits at 3.1%.

Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 16.6, below the average food & beverage industry P/E ratio of 21 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kraft Foods as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

null