Dow Today: Travelers Companies (TRV) Higher

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 81 points (+0.6%) at 14,502 as of Friday, Mar 22, 2013, 10:35 a.m. ET. During this time, 109.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 608.8 million. The NYSE advances/declines ratio sits at 1,891 issues advancing vs. 860 declining with 166 unchanged.
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The Dow component leading the way higher looks to be Travelers Companies (NYSE: TRV), which is sporting a 15-cent gain (+0.2%) bringing the stock to $83.90. This single gain is lifting the Dow Jones Industrial Average by 1.14 points or roughly accounting for 1.4% of the Dow's overall gain. Volume for Travelers Companies currently sits at 576,349 shares traded vs. an average daily trading volume of two million shares.

Travelers Companies has a market cap of $31.69 billion and is part of the financial sector and insurance industry.

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.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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