Dow Today: Pfizer (PFE) Leads The Day Higher, JPMorgan Chase (JPM) Lags - TheStreet

The

Dow Jones Industrial Average

(

^DJI

) is trading down 98.0 points (-0.8%) at 12,529 as of Thursday, Jun 28, 2012, 9:35 a.m. ET. During this time, 29 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 704.6 million. The NYSE advances/declines ratio sits at 682 issues advancing vs. 1,996 declining with 160 unchanged.

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The Dow component leading the way higher looks to be

Pfizer

(NYSE:

PFE

), which is sporting a five-cent gain (+0.2%) bringing the stock to $22.66. Volume for Pfizer currently sits at one million shares traded vs. an average daily trading volume of 36.1 million shares.

Pfizer has a market cap of $168 billion and is part of the

health care

sector and

drugs

industry. Shares are up 3.7% year to date as of Wednesday's close. The stock's dividend yield sits at 3.9%.

Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and sale of medicines for people and animals worldwide. The company has a P/E ratio of 21, above the average drugs industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pfizer as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding back the Dow today is

JPMorgan Chase

(NYSE:

JPM

), which is lagging the broader Dow index with a $1.36 decline (-3.7%) bringing the stock to $35.42. This single loss is lowering the Dow Jones Industrial Average by 10.29 points or roughly accounting for 10.5% of the Dow's overall loss. Volume for JPMorgan Chase currently sits at five million shares traded vs. an average daily trading volume of 46.4 million shares.

JPMorgan Chase has a market cap of $135.94 billion and is part of the

financial

sector and

banking

industry. Shares are up 7.4% year to date as of Wednesday's close. The stock's dividend yield sits at 3.4%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 7.9, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates JPMorgan Chase as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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