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 207.0 points (-1.3%) at 15,491 as of Monday, Feb 3, 2014, 12:35 p.m. ET. During this time, 298.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 366.9 million. The NYSE advances/declines ratio sits at 557 issues advancing vs. 2,435 declining with 139 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.
Holding back the Dow today is General Electric (NYSE: GE), which is lagging the broader Dow index with a 57-cent decline (-2.3%) bringing the stock to $24.55. This single loss is lowering the Dow Jones Industrial Average by 4.39 points or roughly accounting for 2.1% of the Dow's overall loss. Volume for General Electric currently sits at 34.8 million shares traded vs. an average daily trading volume of 38.1 million shares. General Electric has a market cap of $257.99 billion and is part of the industrial goods sector and industrial industry. Shares are down 10.3% year to date as of Friday's close. The stock's dividend yield sits at 3.5%. General Electric Company operates as an infrastructure and financial services company worldwide. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, reasonable valuation levels and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.