Dow Today: Visa (V) Leads The Day Higher, International Business Machines (IBM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up two points at 16,945. During the day, 250.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 351 million. The NYSE advances/declines ratio closed at 1,288 issues advancing vs. 1,745 declining with 152 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $1.67 gain (+0.8%) bringing the stock to $214.25. This single gain lifted the Dow Jones Industrial Average by 12.64 points or roughly accounting for 632% of the Dow's overall gain. Volume for Visa ended the day at 1.7 million shares traded vs. an average daily trading volume of 3.4 million shares.

Visa has a market cap of $106.37 billion and is part of the financial sector and financial services industry. Shares are down 4.5% year-to-date as of Monday's close. The stock's dividend yield sits at 0.8%.

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.

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 International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $1.93 decline (-1%) bringing the stock to $184.29. Volume for International Business Machines ended the day at 4.1 million shares traded vs. an average daily trading volume of 4.8 million shares.

International Business Machines has a market cap of $188.64 billion and is part of the technology sector and computer software & services industry. Shares are down 0.7% year-to-date as of Monday's close. The stock's dividend yield sits at 2.4%.

International Business Machines Corporation provides information technology (IT) products and services worldwide.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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