Dow Today: Walt Disney (DIS) 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 78 points (+0.5%) at 15,671 as of Friday, Nov 8, 2013, 10:30 a.m. ET. During this time, 96.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.8 million. The NYSE advances/declines ratio sits at 1,378 issues advancing vs. 1,524 declining with 83 unchanged.
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The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting a $1.20 gain (+1.8%) bringing the stock to $68.35. This single gain is lifting the Dow Jones Industrial Average by 9.08 points or roughly accounting for 11.6% of the Dow's overall gain. Volume for Walt Disney currently sits at 5.1 million shares traded vs. an average daily trading volume of 7.7 million shares.

Walt Disney has a market cap of $123.26 billion and is part of the services sector and media industry. Shares are up 38.6% year to date as of Thursday's close. The stock's dividend yield sits at 1.1%.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

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