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

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The Dow Jones Industrial Average ( ^DJI) is trading down 59.0 points (-0.4%) at 15,949 as of Tuesday, Dec 3, 2013, 9:35 a.m. ET. During this time, 20.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.9 million. The NYSE advances/declines ratio sits at 888 issues advancing vs. 1,769 declining with 180 unchanged.
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The Dow component leading the way higher looks to be Nike (NYSE: NKE), which is sporting a 31-cent gain (+0.4%) bringing the stock to $79.40. Volume for Nike currently sits at 119,430 shares traded vs. an average daily trading volume of four million shares.

Nike has a market cap of $56.32 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 53.3% year to date as of Monday's close. The stock's dividend yield sits at 1.2%.

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. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7.

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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding back the Dow today is Visa (NYSE: V), which is lagging the broader Dow index with a $4.15 decline (-2%) bringing the stock to $200.98. This single loss is lowering the Dow Jones Industrial Average by 31.41 points or roughly accounting for 53.2% of the Dow's overall loss. Volume for Visa currently sits at 630,154 shares traded vs. an average daily trading volume of three million shares.

Visa has a market cap of $103.07 billion and is part of the financial sector and financial services industry. Shares are up 35.3% year to date as of Monday'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. The company has a P/E ratio of 26.8, above the S&P 500 P/E ratio of 17.7.

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.

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