Dow Today: Visa (V) Leads The Day Higher, General Electric (GE) 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 up 47 points (+0.3%) at 17,023 as of Friday, Jul 18, 2014, 9:36 a.m. ET. During this time, 44.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 304.8 million. The NYSE advances/declines ratio sits at 1,778 issues advancing vs. 870 declining with 271 unchanged.
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The Dow component leading the way higher looks to be Visa (NYSE: V), which is sporting a $2.08 gain (+0.9%) bringing the stock to $219.96. This single gain is lifting the Dow Jones Industrial Average by 15.74 points or roughly accounting for 33.5% of the Dow's overall gain. Volume for Visa currently sits at 268,637 shares traded vs. an average daily trading volume of 2.6 million shares.

Visa has a market cap of $111.2 billion and is part of the financial sector and financial services industry. Shares are down 2.2% year-to-date as of Thursday's close. The stock's dividend yield sits at 0.7%.

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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is General Electric (NYSE: GE), which is lagging the broader Dow index with a 10-cent decline (-0.4%) bringing the stock to $26.51. Volume for General Electric currently sits at 6.6 million shares traded vs. an average daily trading volume of 25.9 million shares.

General Electric has a market cap of $270.95 billion and is part of the industrial goods sector and industrial industry. Shares are down 5.1% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.3%.

General Electric Company operates as an infrastructure and financial services company worldwide.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year 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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