Dow Today: JPMorgan Chase (JPM) 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 down 35.0 points (-0.2%) at 16,360. During the day, 325.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 403.5 million. The NYSE advances/declines ratio closed at 1,457 issues advancing vs. 1,541 declining with 162 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 JPMorgan Chase (NYSE: JPM), which sported a 90-cent gain (+1.6%) bringing the stock to $58.16. Volume for JPMorgan Chase ended the day at 17.2 million shares traded vs. an average daily trading volume of 18.1 million shares.

JPMorgan Chase has a market cap of $212.86 billion and is part of the financial sector and banking industry. Shares are down 3.9% year to date as of Tuesday's close. The stock's dividend yield sits at 2.7%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, 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.

Holding the Dow back today was Visa (NYSE: V), which lagged the broader Dow index with a $2.69 decline (-1.2%) bringing the stock to $222.81. This single loss is lowering the Dow Jones Industrial Average by 20.36 points or roughly accounting for 58.2% of the Dow's overall loss. Volume for Visa ended the day at 2.8 million shares traded vs. an average daily trading volume of 3.4 million shares.

Visa has a market cap of $111.67 billion and is part of the financial sector and financial services industry. Shares are up 1.3% year to date as of Tuesday'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

If you liked this article you might like

JPMorgan CEO Jamie Dimon Attacks Bitcoin Again

SEC's Cyber-Gaffe Highlights Risk of Trump Budget Cuts at Agency

Bitcoin Will Soar to $5,000 Barring a Major Catastrophe

Strange Days at Apple

China's Banks Halt Business With North Korea Per United Nations Sanctions