Dow Today: Travelers Companies (TRV) 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) closed down 60.0 points (-0.5%) at 12,965. During the day, 490 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 627.9 million. The NYSE advances/declines ratio closed at 1,180 issues advancing vs. 1,802 declining with 130 unchanged.
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The Dow component that led the way higher today was Travelers Companies (NYSE: TRV), which sported a 13-cent gain (+0.2%) bringing the stock to $70.95. Volume for Travelers Companies ended the day at 1.8 million shares traded vs. an average daily trading volume of 2.5 million shares.

Travelers Companies has a market cap of $27.15 billion and is part of the financial sector and insurance industry. Shares are up 20.3% year to date as of Friday's close. The stock's dividend yield sits at 2.6%.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a $1.03 decline (-1%) bringing the stock to $104.66. This single loss lowered the Dow Jones Industrial Average by 7.8 points or roughly accounting for 13% of the Dow's overall loss. Volume for Chevron ended the day at 5.7 million shares traded vs. an average daily trading volume of 6.2 million shares.

Chevron has a market cap of $207.05 billion and is part of the basic materials sector and energy industry. Shares are down 0.6% year to date as of Friday's close. The stock's dividend yield sits at 3.4%.

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 8.7, 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 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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