Dow Today: Chevron (CVX) Leads The Day Higher, Travelers Companies (TRV) 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 19.0 points (-0.1%) at 15,335. During the day, 474.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 596.8 million. The NYSE advances/declines ratio closed at 1,719 issues advancing vs. 1,297 declining with 110 unchanged.
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The Dow component that led the way higher today was Chevron (NYSE: CVX), which sported a $1.36 gain (+1.1%) bringing the stock to $124.78. Volume for Chevron ended the day at 5.3 million shares traded vs. an average daily trading volume of 6.1 million shares.

Chevron has a market cap of $237.97 billion and is part of the basic materials sector and energy industry. Shares are up 14.1% year to date as of Friday'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 9.3, 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.

Holding the Dow back today was Travelers Companies (NYSE: TRV), which lagged the broader Dow index with a 95-cent decline (-1.1%) bringing the stock to $85.55. This single loss is lowering the Dow Jones Industrial Average by 7.19 points or roughly accounting for 37.8% of the Dow's overall loss. Volume for Travelers Companies ended the day at 1.6 million shares traded vs. an average daily trading volume of 1.9 million shares.

Travelers Companies has a market cap of $32.7 billion and is part of the financial sector and insurance industry. Shares are up 20.4% 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 13.1, 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, increase in net income, notable return on equity, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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