The Dow Jones Industrial Average ( ^DJI) closed down 30.0 points (-0.2%) at 13,008. During the day, 572.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 733.1 million. The NYSE advances/declines ratio closed at 1,624 issues advancing vs. 1,373 declining with 130 unchanged. The Dow component that led the way higher today was Wal-Mart Stores (NYSE: WMT), which sported a 49-cent gain (+0.8%) bringing the stock to $59.19. Volume for Wal-Mart Stores ended the day at 8.6 million shares traded vs. an average daily trading volume of 10.2 million shares. Wal-Mart Stores has a market cap of $200.61 billion and is part of the services sector and retail industry. Shares are down 1.8% year to date as of Friday's close. The stock's dividend yield sits at 2.7%. 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 13, below the average retail industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Wal-Mart Stores Ratings Report.
- You can view the full International Business Machines Ratings Report.