Dow Jones Industrial Average
) is trading down 81.0 points (-0.7%) at 12,338 as of Thursday, May 31, 2012, 10:35 a.m. ET. During this time, 133.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 728.7 million. The NYSE advances/declines ratio sits at 683 issues advancing vs. 2,133 declining with 131 unchanged.
The Dow component leading the way higher looks to be
), which is sporting a 79-cent gain (+1.2%) bringing the stock to $66.23. Volume for Wal-Mart Stores currently sits at 3.4 million shares traded vs. an average daily trading volume of 10.5 million shares.
Wal-Mart Stores has a market cap of $223.36 billion and is part of the
industry. Shares are up 9.9% year to date as of Wednesday's close. The stock's dividend yield sits at 2.4%.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam's Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com. The company has a P/E ratio of 14.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Wal-Mart Stores as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Wal-Mart Stores Ratings Report.