Dow Today: Wal-Mart Stores (WMT) Higher

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 127 points (+0.8%) at 16,953 as of Tuesday, Jul 1, 2014, 11:36 a.m. ET. During this time, 112.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 327.1 million. The NYSE advances/declines ratio sits at 2,147 issues advancing vs. 804 declining with 186 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 leading the way higher looks to be Wal-Mart Stores (NYSE: WMT), which is sporting a six-cent gain to $75.13. This single gain is lifting the Dow Jones Industrial Average by 0.45 points or roughly accounting for 0.4% of the Dow's overall gain. Volume for Wal-Mart Stores currently sits at 3.3 million shares traded vs. an average daily trading volume of six million shares.

Wal-Mart Stores has a market cap of $242.87 billion and is part of the services sector and retail industry. Shares are down 4.6% year-to-date as of Monday'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 and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
null

If you liked this article you might like

Walmart's Stock Just Violated Two Important Technical Analysis Indicators

Walmart's Stock Just Violated Two Important Technical Analysis Indicators

Dow Drops Over 250 Points to End Six-Session Winning Streak

Dow Drops Over 250 Points to End Six-Session Winning Streak

Home Depot CFO: We Have Barrier Islands Around Us That Protect Us From Amazon

Home Depot CFO: We Have Barrier Islands Around Us That Protect Us From Amazon

Walmart Sinks Dow; Albertsons to Fight Off Grocery Struggles With Rite Aid-ICYMI

Walmart Sinks Dow; Albertsons to Fight Off Grocery Struggles With Rite Aid-ICYMI

Amazon's Stock Is on the Verge of a Big Breakout: Chart

Amazon's Stock Is on the Verge of a Big Breakout: Chart