Dow Today: Travelers Companies (TRV) Leads The Day Higher, International Business Machines (IBM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 55 points (+0.3%) at 16,064. During the day, 343.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379.4 million. The NYSE advances/declines ratio closed at 1,857 issues advancing vs. 1,154 declining with 128 unchanged.
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The Dow component that led the way higher today was Travelers Companies (NYSE: TRV), which sported a $1.30 gain (+1.5%) bringing the stock to $90.52. This single gain lifted the Dow Jones Industrial Average by 9.84 points or roughly accounting for 17.9% of the Dow's overall gain. Volume for Travelers Companies ended the day at 1.9 million shares traded vs. an average daily trading volume of 1.9 million shares.

Travelers Companies has a market cap of $32.01 billion and is part of the financial sector and insurance industry. Shares are up 24.2% year to date as of Thursday's close. The stock's dividend yield sits at 2.3%.

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. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, growth in earnings per share 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 International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $2.83 decline (-1.5%) bringing the stock to $181.30. Volume for International Business Machines ended the day at 7.6 million shares traded vs. an average daily trading volume of 4.6 million shares.

International Business Machines has a market cap of $201.09 billion and is part of the technology sector and computer software & services industry. Shares are down 3.9% year to date as of Thursday's close. The stock's dividend yield sits at 2%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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