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
) is trading up five points at 17,084 as of Friday, Aug 29, 2014, 12:36 p.m. ET. During this time, 89.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 297.6 million. The NYSE advances/declines ratio sits at 1,872 issues advancing vs. 1,050 declining with 205 unchanged.
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Holding back the Dow today is
), which is lagging the broader Dow index with a 16-cent decline (-0.2%) bringing the stock to $78.66. Volume for Nike currently sits at 1.5 million shares traded vs. an average daily trading volume of 3.3 million shares.
Nike has a market cap of $55.07 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 0.2% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.2%.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide.
TheStreet Ratings rates Nike 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, notable return on equity, 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 Nike Ratings Report.