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) closed down 139.0 points (-0.9%) at 14,700. During the day, 556.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 602.1 million. The NYSE advances/declines ratio closed at 819 issues advancing vs. 2,193 declining with 111 unchanged.
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The Dow component that led the way higher today was Walt Disney (NYSE: DIS), which sported a 37-cent gain (+0.6%) bringing the stock to $63.21. Volume for Walt Disney ended the day at 7.4 million shares traded vs. an average daily trading volume of 8.2 million shares.

Walt Disney has a market cap of $113.74 billion and is part of the services sector and media industry. Shares are up 26.5% year to date as of Tuesday's close. The stock's dividend yield sits at 1.2%.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. The company has a P/E ratio of 20.3, above 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 revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a $1.74 decline (-1.4%) bringing the stock to $120.27. This single loss lowered the Dow Jones Industrial Average by 13.17 points or roughly accounting for 9.5% of the Dow's overall loss. Volume for Chevron ended the day at six million shares traded vs. an average daily trading volume of 5.7 million shares.

Chevron has a market cap of $235.18 billion and is part of the basic materials sector and energy industry. Shares are up 12.2% year to date as of Tuesday'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. The company operates in two segments, Upstream and Downstream. The company has a P/E ratio of 9.2, 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 solid stock price performance, increase in net income, 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 somewhat disappointing return on equity.

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