Dow Today: Visa (V) Leads The Day Higher, Nike (NKE) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 128 points (+0.8%) at 15,746. The NYSE advances/declines ratio closed at 1,595 issues advancing vs. 1,403 declining with 118 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $1.65 gain (+0.8%) bringing the stock to $199.02. This single gain lifted the Dow Jones Industrial Average by 12.49 points or roughly accounting for 9.8% of the Dow's overall gain. Volume for Visa ended the day at 2.2 million shares traded vs. an average daily trading volume of 3.3 million shares.

Visa has a market cap of $101.08 billion and is part of the financial sector and financial services industry. Shares are up 29.6% year to date as of Tuesday's close. The stock's dividend yield sits at 0.8%.

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

TheStreet Ratings rates Visa 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, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Nike (NYSE: NKE), which lagged the broader Dow index with a 44-cent decline (-0.6%) bringing the stock to $76.76. Volume for Nike ended the day at 1.8 million shares traded vs. an average daily trading volume of 4.2 million shares.

Nike has a market cap of $54.34 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 48% year to date as of Tuesday's close. The stock's dividend yield sits at 1.1%.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide.

TheStreet Ratings rates Nike 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, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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