Dow Today: Wal-Mart Stores (WMT) Lower

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 24.0 points (-0.1%) at 16,843 as of Thursday, Jun 26, 2014, 1:36 p.m. ET. During this time, 148.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 327.4 million. The NYSE advances/declines ratio sits at 1,444 issues advancing vs. 1,544 declining with 166 unchanged.
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Holding back the Dow today is Wal-Mart Stores (NYSE: WMT), which is lagging the broader Dow index with a 78-cent decline (-1%) bringing the stock to $74.84. This single loss is lowering the Dow Jones Industrial Average by 5.9 points or roughly accounting for 24.6% of the Dow's overall loss. Volume for Wal-Mart Stores currently sits at 3.4 million shares traded vs. an average daily trading volume of 5.9 million shares.

Wal-Mart Stores has a market cap of $244.9 billion and is part of the services sector and retail industry. Shares are down 3.9% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.5%.

Wal-Mart Stores Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, reasonable valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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