Dow Today: Exxon Mobil Corporation (XOM) Leads The Day Higher, Visa (V) 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 93 points (+0.6%) at 16,133. During the day, 348.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 381.2 million. The NYSE advances/declines ratio closed at 1,978 issues advancing vs. 1,029 declining with 152 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 Exxon Mobil Corporation (NYSE: XOM), which sported a $1.42 gain (+1.5%) bringing the stock to $95.37. This single gain is lifting the Dow Jones Industrial Average by 10.75 points or roughly accounting for 11.6% of the Dow's overall gain. Volume for Exxon Mobil Corporation ended the day at 14.3 million shares traded vs. an average daily trading volume of 12.7 million shares.

Exxon Mobil Corporation has a market cap of $410.95 billion and is part of the basic materials sector and energy industry. Shares are down 7% year to date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Visa (NYSE: V), which lagged the broader Dow index with a 42-cent decline (-0.2%) bringing the stock to $223.46. Volume for Visa ended the day at 2.2 million shares traded vs. an average daily trading volume of 3.3 million shares.

Visa has a market cap of $114 billion and is part of the financial sector and financial services industry. Shares are up 0.5% year to date as of Wednesday's close. The stock's dividend yield sits at 0.7%.

Visa Inc., a payments technology company, operates as a 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.

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, growth in earnings per share, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%