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 59.0 points (-0.3%) at 17,009 as of Monday, Jul 7, 2014, 9:36 a.m. ET. During this time, 13.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 320.4 million. The NYSE advances/declines ratio sits at 841 issues advancing vs. 1,964 declining with 196 unchanged.
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The Dow component leading the way higher looks to be AT&T (NYSE: T), which is sporting an eight-cent gain (+0.2%) bringing the stock to $35.92. Volume for AT&T currently sits at 943,935 shares traded vs. an average daily trading volume of 23.9 million shares. AT&T has a market cap of $186.01 billion and is part of the technology sector and telecommunications industry. Shares are up 1.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 5.1%. AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
Holding back the Dow today is UnitedHealth Group (NYSE: UNH), which is lagging the broader Dow index with an 89-cent decline (-1.1%) bringing the stock to $82.46. This single loss is lowering the Dow Jones Industrial Average by 6.74 points or roughly accounting for 11.4% of the Dow's overall loss. Volume for UnitedHealth Group currently sits at 125,763 shares traded vs. an average daily trading volume of 4.1 million shares.
UnitedHealth Group has a market cap of $81.67 billion and is part of the health care sector and health services industry. Shares are up 10.7% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.8%. UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.