Dow Today: Visa (V) Leads The Day Higher, United Technologies (UTX) 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 up 116 points (+0.7%) at 16,373. During the day, 419.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 357.7 million. The NYSE advances/declines ratio closed at 2,144 issues advancing vs. 890 declining with 119 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $3.75 gain (+1.7%) bringing the stock to $222.65. This single gain is lifting the Dow Jones Industrial Average by 28.38 points or roughly accounting for 24.5% of the Dow's overall gain. Volume for Visa ended the day at 2.7 million shares traded vs. an average daily trading volume of 2.8 million shares.

Visa has a market cap of $111.86 billion and is part of the financial sector and financial services industry. Shares are down 1.7% year to date as of Monday's close. The stock's dividend yield sits at 0.7%.

Visa Inc., a payments technology company, is engaged in the operation of retail electronic payments network worldwide. The company 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 29.1, 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 United Technologies (NYSE: UTX), which lagged the broader Dow index with a 17-cent decline (-0.1%) bringing the stock to $112.63. Volume for United Technologies ended the day at 3.4 million shares traded vs. an average daily trading volume of 2.7 million shares.

United Technologies has a market cap of $104.45 billion and is part of the industrial goods sector and industrial industry. Shares are down 0.9% year to date as of Monday's close. The stock's dividend yield sits at 2.1%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 20, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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