Dow Today: Travelers Companies (TRV) Higher

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 up 121 points (+0.8%) at 15,043 as of Monday, Sep 9, 2013, 1:35 p.m. ET. During this time, 231.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 524.5 million. The NYSE advances/declines ratio sits at 2,254 issues advancing vs. 682 declining with 101 unchanged.
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The Dow component leading the way higher looks to be Travelers Companies (NYSE: TRV), which is sporting a $1.48 gain (+1.8%) bringing the stock to $81.97. This single gain is lifting the Dow Jones Industrial Average by 11.2 points or roughly accounting for 9.3% of the Dow's overall gain. Volume for Travelers Companies currently sits at 1.2 million shares traded vs. an average daily trading volume of two million shares.

Travelers Companies has a market cap of $30.12 billion and is part of the financial sector and insurance industry. Shares are up 12.1% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

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.

TheStreet Ratings rates Travelers Companies 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

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