Dow Today: Visa (V) Leads The Day Higher, Chevron (CVX) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 25.0 points (-0.2%) at 15,889. During the day, 386.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.2 million. The NYSE advances/declines ratio closed at 1,141 issues advancing vs. 1,884 declining with 96 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a 99-cent gain (+0.5%) bringing the stock to $202.74. Volume for Visa ended the day at 2.9 million shares traded vs. an average daily trading volume of 3.1 million shares.

Visa has a market cap of $103.92 billion and is part of the financial sector and financial services industry. Shares are up 33.1% year to date as of Tuesday'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 27, 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.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a 75-cent decline (-0.6%) bringing the stock to $121.77. This single loss is lowering the Dow Jones Industrial Average by 5.68 points or roughly accounting for 22.7% of the Dow's overall loss. Volume for Chevron ended the day at 4.4 million shares traded vs. an average daily trading volume of 5.9 million shares.

Chevron has a market cap of $235.28 billion and is part of the basic materials sector and energy industry. Shares are up 13.3% year to date as of Tuesday's close. The stock's dividend yield sits at 3.3%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The company has a P/E ratio of 10, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chevron 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, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

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