Dow Today: Nike (NKE) Leads The Day Higher, JPMorgan Chase (JPM) 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) is trading down 22.0 points (-0.1%) at 16,223 as of Tuesday, Apr 8, 2014, 9:36 a.m. ET. During this time, 18.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 417.9 million. The NYSE advances/declines ratio sits at 1,876 issues advancing vs. 808 declining with 237 unchanged.
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The Dow component leading the way higher looks to be Nike (NYSE: NKE), which is sporting a $1.40 gain (+2%) bringing the stock to $72.23. Volume for Nike currently sits at 453,049 shares traded vs. an average daily trading volume of four million shares.

Nike has a market cap of $51.54 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 9.9% year-to-date as of Monday's close. The stock's dividend yield sits at 1.2%.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide.

TheStreet Ratings rates Nike 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, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding back the Dow today is JPMorgan Chase (NYSE: JPM), which is lagging the broader Dow index with a 31-cent decline (-0.5%) bringing the stock to $58.69. This single loss is lowering the Dow Jones Industrial Average by 2.35 points or roughly accounting for 10.7% of the Dow's overall loss. Volume for JPMorgan Chase currently sits at 818,595 shares traded vs. an average daily trading volume of 19.5 million shares.

JPMorgan Chase has a market cap of $226.49 billion and is part of the financial sector and banking industry. Shares are up 0.9% year-to-date as of Monday's close. The stock's dividend yield sits at 2.6%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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