Dow Today: AT&T (T) Leads The Day Higher, Coca-Cola (KO) 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) is trading up 33 points (+0.2%) at 15,028 as of Thursday, Jun 13, 2013, 10:35 a.m. ET. During this time, 119 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 600.1 million. The NYSE advances/declines ratio sits at 1,570 issues advancing vs. 1,306 declining with 109 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be AT&T (NYSE: T), which is sporting a 57-cent gain (+1.6%) bringing the stock to $36.20. This single gain is lifting the Dow Jones Industrial Average by 4.39 points or roughly accounting for 13.3% of the Dow's overall gain. Volume for AT&T currently sits at 4.5 million shares traded vs. an average daily trading volume of 25.5 million shares.

AT&T has a market cap of $192.39 billion and is part of the technology sector and telecommunications industry. Shares are up 5.7% year to date as of Wednesday's close. The stock's dividend yield sits at 5%.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 52-cent decline (-1.3%) bringing the stock to $39.86. Volume for Coca-Cola currently sits at 4.8 million shares traded vs. an average daily trading volume of 14.3 million shares.

Coca-Cola has a market cap of $181.67 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 11.4% year to date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, expanding profit margins 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint

Wall Street Overlooks Trump's North Korea Threats to Hit New Records

Cramer: Under Trump, These Are Probably Done Deals

Stocks Dad Would Have Loved, And Why He Was Right

Stocks on Track for Records Even as Trump Goes After North Korea