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 35 points (+0.2%) at 15,308. During the day, 311.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 364.4 million. The NYSE advances/declines ratio closed at 1,886 issues advancing vs. 1,097 declining with 133 unchanged.
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The Dow component that led the way higher today was
), which sported a $2 gain (+1%) bringing the stock to $193.56. This single gain lifted the Dow Jones Industrial Average by 15.14 points or roughly accounting for 43.3% of the Dow's overall gain. Volume for Visa ended the day at 2.3 million shares traded vs. an average daily trading volume of four million shares.
Visa has a market cap of $99.49 billion and is part of the financial sector and financial services industry. Shares are up 27.5% year to date as of Wednesday's close. The stock's dividend yield sits at 0.7%.
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
TheStreet Ratings rates Visa 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, expanding profit margins, good cash flow from operations and compelling growth in net income. 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 Visa Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a 57-cent decline (-0.5%) bringing the stock to $123.49. Volume for Chevron ended the day at 4.9 million shares traded vs. an average daily trading volume of five million shares.
Chevron has a market cap of $240.52 billion and is part of the basic materials sector and energy industry. Shares are up 15.1% year to date as of Wednesday's close. The stock's dividend yield sits at 3.2%.
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, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Chevron Ratings Report.