Dow Today: Walt Disney (DIS) Leads The Day Higher, Chevron (CVX) Lags

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading up one points at 13,233 as of Friday, Nov 2, 2012, 9:35 a.m. ET. During this time, 45.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 569.5 million. The NYSE advances/declines ratio sits at 1,594 issues advancing vs. 1,034 declining with 159 unchanged.
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The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting an 85-cent gain (+1.7%) bringing the stock to $50.63. This single gain is lifting the Dow Jones Industrial Average by 6.43 points or roughly accounting for 643% of the Dow's overall gain. Volume for Walt Disney currently sits at 686,470 shares traded vs. an average daily trading volume of 7.9 million shares.

Walt Disney has a market cap of $88.13 billion and is part of the services sector and media industry. Shares are up 31% year to date as of Thursday's close. The stock's dividend yield sits at 1.2%.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding back the Dow today is Chevron (NYSE: CVX), which is lagging the broader Dow index with a 79-cent decline (-0.7%) bringing the stock to $110.67. Volume for Chevron currently sits at 252,473 shares traded vs. an average daily trading volume of 5.7 million shares.

Chevron has a market cap of $216.31 billion and is part of the basic materials sector and energy industry. Shares are up 3.6% year to date as of Thursday's close. The stock's dividend yield sits at 3.3%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chevron as a buy. 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, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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