Dow Today: Kraft Foods (KFT) Leads The Day Higher, General Electric (GE) Lags

The Dow Jones Industrial Average ( ^DJI) is trading down 17.0 points (-0.1%) at 13,211 as of Monday, Apr 30, 2012, 9:35 a.m. ET. During this time, 21 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 747.3 million. The NYSE advances/declines ratio sits at 731 issues advancing vs. 1,940 declining with 176 unchanged.

The Dow component leading the way higher looks to be Kraft Foods (NYSE: KFT), which is sporting a 42-cent gain (+1.1%) bringing the stock to $39.82. Volume for Kraft Foods currently sits at 634,664 shares traded vs. an average daily trading volume of eight million shares.

Kraft Foods has a market cap of $69.11 billion and is part of the consumer goods sector and food & beverage industry.

Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide.

TheStreet Ratings rates Kraft Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income 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 General Electric (NYSE: GE), which is lagging the broader Dow index with a 20-cent decline (-1%) bringing the stock to $19.58. This single loss is lowering the Dow Jones Industrial Average by 1.51 points or roughly accounting for 8.9% of the Dow's overall loss. Volume for General Electric currently sits at 1.4 million shares traded vs. an average daily trading volume of 46.4 million shares.

General Electric has a market cap of $207.56 billion and is part of the industrial goods sector and industrial industry.

General Electric Company operates as a technology and financial services company worldwide.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
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