Dow Today: General Electric (GE) Lower

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 111.0 points (-0.7%) at 14,835 as of Tuesday, Aug 27, 2013, 10:35 a.m. ET. During this time, 136.6 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 515 issues advancing vs. 2,356 declining with 99 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.

Holding back the Dow today is General Electric (NYSE: GE), which is lagging the broader Dow index with a 45-cent decline (-1.9%) bringing the stock to $23.16. This single loss is lowering the Dow Jones Industrial Average by 3.41 points or roughly accounting for 3.1% of the Dow's overall loss. Volume for General Electric currently sits at 12.6 million shares traded vs. an average daily trading volume of 36.7 million shares.

General Electric has a market cap of $242.17 billion and is part of the industrial goods sector and industrial industry. Shares are up 13.3% year to date as of Monday's close. The stock's dividend yield sits at 3.2%.

General Electric Company operates as an infrastructure and financial services company worldwide.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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

null

More from Markets

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

Stocks Rise, Nasdaq Jumps as Facebook Rallies

Stocks Rise, Nasdaq Jumps as Facebook Rallies

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Earnings, Earnings and More Earnings - Your Midweek Update From Facebook to Ford

Earnings, Earnings and More Earnings - Your Midweek Update From Facebook to Ford

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk