Dow Today: Pfizer (PFE) Higher

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 up 170 points (+1.1%) at 16,273 as of Monday, Feb 24, 2014, 1:35 p.m. ET. During this time, 307 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 380.5 million. The NYSE advances/declines ratio sits at 2,213 issues advancing vs. 809 declining with 135 unchanged.
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The Dow component leading the way higher looks to be Pfizer (NYSE: PFE), which is sporting a 31-cent gain (+1%) bringing the stock to $31.77. This single gain is lifting the Dow Jones Industrial Average by 2.35 points or roughly accounting for 1.4% of the Dow's overall gain. Volume for Pfizer currently sits at 19.4 million shares traded vs. an average daily trading volume of 25.9 million shares.

Pfizer has a market cap of $204.48 billion and is part of the health care sector and drugs industry. Shares are up 2.7% year to date as of Friday's close. The stock's dividend yield sits at 3.3%.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells medicines for people and animals worldwide.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins 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.

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