Dow Today: Wal-Mart Stores (WMT) 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 70.0 points (-0.5%) at 15,002 as of Monday, Oct 7, 2013, 11:30 a.m. ET. During this time, 103 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 364.4 million. The NYSE advances/declines ratio sits at 809 issues advancing vs. 2,088 declining with 114 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 Wal-Mart Stores (NYSE: WMT), which is lagging the broader Dow index with a 90-cent decline (-1.2%) bringing the stock to $71.90. This single loss is lowering the Dow Jones Industrial Average by 6.81 points or roughly accounting for 9.7% of the Dow's overall loss. Volume for Wal-Mart Stores currently sits at 3.3 million shares traded vs. an average daily trading volume of 5.7 million shares.

Wal-Mart Stores has a market cap of $246.6 billion and is part of the services sector and retail industry. Shares are up 11% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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

Cramer: How to Avoid Being Amazon Roadkill

Walmart to Expand Food Stamp Acceptance Online

This Walmart Concept Just Saw the Most New Visitors in Over 3 Years

Fed, Toys 'R' Us, Equifax and Hurricane Maria - 5 Things You Must Know

Toys 'R' Us Debt Load Tips It Into Chapter 11