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 120 points (+0.8%) at 14,832 as of Monday, Apr 29, 2013, 1:35 p.m. ET. During this time, 266 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 603.8 million. The NYSE advances/declines ratio sits at 2,161 issues advancing vs. 744 declining with 146 unchanged.
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The Dow component leading the way higher looks to be Travelers Companies (NYSE: TRV), which is sporting an eight-cent gain to $85.22. This single gain is lifting the Dow Jones Industrial Average by 0.61 points or roughly accounting for 0.5% of the Dow's overall gain. Volume for Travelers Companies currently sits at 1.4 million shares traded vs. an average daily trading volume of two million shares.

Travelers Companies has a market cap of $32.11 billion and is part of the financial sector and insurance industry. Shares are up 18.6% year to date as of Friday's close. The stock's dividend yield sits at 2.3%.

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 12.9, 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 solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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