Dow Today: Coca-Cola (KO) 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 70 points (+0.4%) at 16,268 as of Thursday, Feb 27, 2014, 1:35 p.m. ET. During this time, 268.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 399.9 million. The NYSE advances/declines ratio sits at 1,929 issues advancing vs. 1,035 declining with 143 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 leading the way higher looks to be Coca-Cola (NYSE: KO), which is sporting an 18-cent gain (+0.5%) bringing the stock to $38.05. This single gain is lifting the Dow Jones Industrial Average by 1.36 points or roughly accounting for 1.9% of the Dow's overall gain. Volume for Coca-Cola currently sits at 9.1 million shares traded vs. an average daily trading volume of 15.9 million shares.

Coca-Cola has a market cap of $166.79 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 8.3% year to date as of Wednesday's close. The stock's dividend yield sits at 3.2%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its 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 lackluster performance in the stock itself.

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

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk