The Dow Jones Industrial Average ( ^DJI) closed down 15.0 points (-0.1%) at 13,213. During the day, 508 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 closed at 1,181 issues advancing vs. 1,841 declining with 123 unchanged. The Dow component that led the way higher today was Chevron (NYSE: CVX), which sported a 34-cent gain (+0.3%) bringing the stock to $106.54. Volume for Chevron ended the day at 3.5 million shares traded vs. an average daily trading volume of 6.5 million shares. Chevron has a market cap of $209.54 billion and is part of the basic materials sector and energy industry. Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. TheStreet Ratings rates Chevron as a buy. 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, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Chevron Ratings Report.
- You can view the full Caterpillar Ratings Report.