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 111 points (+0.7%) at 16,512 as of Wednesday, May 7, 2014, 11:36 a.m. ET. During this time, 141.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 396.2 million. The NYSE advances/declines ratio sits at 1,636 issues advancing vs. 1,307 declining with 173 unchanged.
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The Dow component leading the way higher looks to be Travelers Companies (NYSE: TRV), which is sporting a $1.34 gain (+1.5%) bringing the stock to $91.22. This single gain is lifting the Dow Jones Industrial Average by 10.14 points or roughly accounting for 9.1% of the Dow's overall gain. Volume for Travelers Companies currently sits at 1.2 million shares traded vs. an average daily trading volume of 2.5 million shares. Travelers Companies has a market cap of $31.5 billion and is part of the financial sector and insurance industry. Shares are down 0.7% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.4%. The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. TheStreet Ratings rates Travelers Companies 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, 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.