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 41.0 points (-0.3%) at 15,705 as of Thursday, Nov 7, 2013, 10:30 a.m. ET. The NYSE advances/declines ratio sits at 826 issues advancing vs. 2,029 declining with 123 unchanged.
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The Dow component leading the way higher looks to be General Electric (NYSE: GE), which is sporting a 21-cent gain (+0.8%) bringing the stock to $27.11. Volume for General Electric currently sits at 19 million shares traded vs. an average daily trading volume of 36.5 million shares. Shares are up 25.9% year to date as of Wednesday's close. The stock's dividend yield sits at 2.9%. 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 increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.