Dow Today: Chevron (CVX) Leads The Day Higher, Microsoft Corporation (MSFT) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 65.0 points (-0.4%) at 14,881 as of Tuesday, Aug 27, 2013, 9:35 a.m. ET. During this time, 30.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 547.2 million. The NYSE advances/declines ratio sits at 289 issues advancing vs. 2,378 declining with 72 unchanged.
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The Dow component leading the way higher looks to be Chevron (NYSE: CVX), which is sporting a 16-cent gain (+0.1%) bringing the stock to $119. Volume for Chevron currently sits at 217,985 shares traded vs. an average daily trading volume of 5.4 million shares.

Chevron has a market cap of $230.93 billion and is part of the basic materials sector and energy industry. Shares are up 9.9% year to date as of Monday'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.

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 somewhat weak growth in earnings per share.

Holding back the Dow today is Microsoft Corporation (Nasdaq: MSFT), which is lagging the broader Dow index with a 53-cent decline (-1.6%) bringing the stock to $33.62. This single loss is lowering the Dow Jones Industrial Average by 4.01 points or roughly accounting for 6.2% of the Dow's overall loss. Volume for Microsoft Corporation currently sits at 4.6 million shares traded vs. an average daily trading volume of 48.1 million shares.

Microsoft Corporation has a market cap of $289.47 billion and is part of the technology sector and computer software & services industry. Shares are up 30.1% year to date as of Monday's close. The stock's dividend yield sits at 2.6%.

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide.

TheStreet Ratings rates Microsoft Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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