Dow Today: Visa (V) Leads The Day Higher, Exxon Mobil Corporation (XOM) 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 46.0 points (-0.3%) at 16,512. During the day, 307.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 410.2 million. The NYSE advances/declines ratio closed at 1,737 issues advancing vs. 1,307 declining with 153 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 Visa (NYSE: V), which sported a $3.48 gain (+1.7%) bringing the stock to $206.09. Volume for Visa ended the day at 3.5 million shares traded vs. an average daily trading volume of 3.6 million shares.

Visa has a market cap of $101.21 billion and is part of the financial sector and financial services industry. Shares are down 9% year-to-date as of Wednesday'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. The company has a P/E ratio of 28.8, above the S&P 500 P/E ratio of 17.7.

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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding the Dow back today was Exxon Mobil Corporation (NYSE: XOM), which lagged the broader Dow index with a $1 decline (-1%) bringing the stock to $101.41. This single loss lowered the Dow Jones Industrial Average by 7.57 points or roughly accounting for 16.5% of the Dow's overall loss. Volume for Exxon Mobil Corporation ended the day at 11.1 million shares traded vs. an average daily trading volume of 12.1 million shares.

Exxon Mobil Corporation has a market cap of $437.28 billion and is part of the basic materials sector and energy industry. Shares are up 1.2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

Exxon Mobil Corporation explores and produces for crude oil and natural gas. As of December 31, 2013, the company had approximately 37,661 gross and 31,823 net operated wells. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

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

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash