Dow Today: American Express (AXP) Leads The Day Higher, Hewlett-Packard (HPQ) 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 up 10 points at 14,547. During the day, 728.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 596.2 million. The NYSE advances/declines ratio closed at 2,169 issues advancing vs. 816 declining with 119 unchanged.
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The Dow component that led the way higher today was American Express (NYSE: AXP), which sported a $2.20 gain (+3.4%) bringing the stock to $67.24. This single gain lifted the Dow Jones Industrial Average by 16.65 points or roughly accounting for 166.5% of the Dow's overall gain. Volume for American Express ended the day at 8.4 million shares traded vs. an average daily trading volume of 5.4 million shares.

American Express has a market cap of $70.67 billion and is part of the financial sector and financial services industry. Shares are up 13.2% year to date as of Thursday's close. The stock's dividend yield sits at 1.2%.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Hewlett-Packard (NYSE: HPQ), which lagged the broader Dow index with a 65-cent decline (-3.2%) bringing the stock to $19.56. Volume for Hewlett-Packard ended the day at 28.1 million shares traded vs. an average daily trading volume of 25.1 million shares.

Hewlett-Packard has a market cap of $39.83 billion and is part of the technology sector and computer hardware industry. Shares are up 41.8% year to date as of Thursday's close. The stock's dividend yield sits at 2.6%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

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