Dow Today: E.I. Du Pont De Nemours & Company (DD) Leads The Day Higher, Chevron (CVX) Lags

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) closed down 68.0 points (-0.4%) at 16,462. During the day, 380.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 358.5 million. The NYSE advances/declines ratio closed at 1,317 issues advancing vs. 1,718 declining with 128 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component that led the way higher today was E.I. du Pont de Nemours & Company (NYSE: DD), which sported an 80-cent gain (+1.3%) bringing the stock to $63.13. Volume for E.I. du Pont de Nemours & Company ended the day at 5.1 million shares traded vs. an average daily trading volume of 3.9 million shares.

E.I. du Pont de Nemours & Company has a market cap of $58.31 billion and is part of the basic materials sector and chemicals industry. Shares are down 4.1% year to date as of Tuesday's close. The stock's dividend yield sits at 2.9%.

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, and rice seed products under the Pioneer brand; and herbicides, fungicides, and insecticides. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a $1.78 decline (-1.4%) bringing the stock to $123.29. This single loss lowered the Dow Jones Industrial Average by 13.47 points or roughly accounting for 19.8% of the Dow's overall loss. Volume for Chevron ended the day at 8.2 million shares traded vs. an average daily trading volume of 5.6 million shares.

Chevron has a market cap of $238.51 billion and is part of the basic materials sector and energy industry. Shares are up 0.1% year to date as of Tuesday's close. The stock's dividend yield sits at 3.2%.

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 10.2, 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Why Bayer's $66 Billion Takeover of Monsanto Probably Won't Happen Until 2018

DowDupont Closes Higher in First Day of Trading, Company Still Faces Challenges

Apple Is the Tom Brady of Stocks: Cramer's 'Mad Money' Recap (Thursday 8/31/17)

FMC Stock's Impressive Rally Has Another 20% to Gain: Jim Cramer

Jim Cramer on Why FMC Was Upgraded by Bank of America