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 29.0 points (-0.2%) at 16,057 as of Monday, Dec 2, 2013, 1:35 p.m. ET. During this time, 171.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379 million. The NYSE advances/declines ratio sits at 1,085 issues advancing vs. 1,885 declining with 111 unchanged.
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Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 16-cent decline (-0.4%) bringing the stock to $40.03. This single loss is lowering the Dow Jones Industrial Average by 1.21 points or roughly accounting for 4.2% of the Dow's overall loss. Volume for Coca-Cola currently sits at 8.9 million shares traded vs. an average daily trading volume of 15.2 million shares. Coca-Cola has a market cap of $177.48 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.9% year to date as of Friday's close. The stock's dividend yield sits at 2.8%. The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Coca-Cola 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, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.