The Dow component leading the way higher looks to be Pfizer (NYSE:PFE), which is sporting a zero-cent gain to $28.70. Holding back the Dow today is Pfizer (NYSE:PFE), which is lagging the broader index with a zero-cent decline to $28.70.
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 76 points (+0.5%) at 15,411 as of Tuesday, May 21, 2013, 2:15 p.m. ET. During this time, 379.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 596.9 million. The NYSE advances/declines ratio sits at 1,766 issues advancing vs. 1,219 declining with 118 unchanged.
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The Dow component leading the way higher looks to be Pfizer (NYSE: PFE), which is sporting a zero-cent gain to $28.70. This single gain is lifting the Dow Jones Industrial Average by 0.0 points or roughly accounting for 0% of the Dow's overall gain. Volume for Pfizer currently sits at 29.6 million shares traded vs. an average daily trading volume of 32.2 million shares. Pfizer has a market cap of $205.42 billion and is part of the health care sector and drugs industry. Shares are up 14.4% year to date as of Monday's close. The stock's dividend yield sits at 3.3%. Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells medicines for people and animals worldwide. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Pfizer 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, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.