Dow Today: Verizon Communications (VZ) Leads The Day Higher, Goldman Sachs Group (GS) 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 1.0 points at 16,445 as of Friday, May 16, 2014, 9:36 a.m. ET. During this time, 47.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 387.8 million. The NYSE advances/declines ratio sits at 1,255 issues advancing vs. 1,433 declining with 246 unchanged.
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The Dow component leading the way higher looks to be Verizon Communications (NYSE: VZ), which is sporting a 74-cent gain (+1.5%) bringing the stock to $48.70. Volume for Verizon Communications currently sits at 3.2 million shares traded vs. an average daily trading volume of 43.6 million shares.

Verizon Communications has a market cap of $198.82 billion and is part of the technology sector and telecommunications industry. Shares are down 2.4% year-to-date as of Thursday's close. The stock's dividend yield sits at 4.4%.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding back the Dow today is Goldman Sachs Group (NYSE: GS), which is lagging the broader Dow index with a $1.27 decline (-0.8%) bringing the stock to $155.37. This single loss is lowering the Dow Jones Industrial Average by 9.61 points or roughly accounting for 961% of the Dow's overall loss. Volume for Goldman Sachs Group currently sits at 570,497 shares traded vs. an average daily trading volume of 3.4 million shares.

Goldman Sachs Group has a market cap of $71.3 billion and is part of the financial sector and financial services industry. Shares are down 11.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.4%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

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

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