Dow Today: Coca-Cola (KO) Lower

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 60 points (+0.4%) at 16,517 as of Tuesday, Apr 1, 2014, 12:06 p.m. ET. During this time, 167.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 412.7 million. The NYSE advances/declines ratio sits at 1,814 issues advancing vs. 1,183 declining with 149 unchanged.
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Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 20-cent decline (-0.5%) bringing the stock to $38.46. Volume for Coca-Cola currently sits at 10.5 million shares traded vs. an average daily trading volume of 16.5 million shares.

Coca-Cola has a market cap of $171.61 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 6.4% year to date as of Monday's close. The stock's dividend yield sits at 3.2%.

The Coca-Cola Company, a beverage company, manufactures, markets, and sells 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, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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