The

Dow Jones Industrial Average

(

^DJI

) is trading down 65 points (-0.5%) at 12,595 as of Monday, Jan 30, 2012, 1:20 p.m. ET. During this time, 391.1 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 744 issues advancing vs. 2,188 declining with 117 unchanged.

The Dow component leading the way higher looks to be

Verizon Communications

(NYSE:

VZ

), which is sporting a 32-cent gain (+0.9%) bringing the stock to $37.53. Volume for Verizon Communications currently sits at 8.8 million shares traded vs. an average daily trading volume of 13.9 million shares.

Verizon Communications has a market cap of $106.99 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 7.3% year to date as of Friday's close. The stock's dividend yield sits at 5.4%.

Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The company has a P/E ratio of 17.4, below the average telecommunications industry P/E ratio of 18.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Verizon Communications as a

buy

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

Holding back the Dow today is

Bank of America Corporation

(NYSE:

BAC

), which is lagging the broader Dow index with a 24-cent decline (-3.4%) bringing the stock to $7.04. This single loss is lowering the Dow Jones Industrial Average by 1.82 points or roughly accounting for 2.8% of the Dow's overall loss. Volume for Bank of America Corporation currently sits at 146.1 million shares traded vs. an average daily trading volume of 271.9 million shares.

Bank of America Corporation has a market cap of $73.89 billion and is part of the

financial

sector and

banking

industry. Shares are up 31.1% year to date as of Friday's close. The stock's dividend yield sits at 0.5%.

Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. The company has a P/E ratio of 730, above the average banking industry P/E ratio of 729 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bank of America Corporation as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself.

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