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 97 points (+0.6%) at 17,073 as of Friday, Jul 18, 2014, 1:36 p.m. ET. During this time, 205.4 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 2,387 issues advancing vs. 565 declining with 160 unchanged.
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The Dow component leading the way higher looks to be Johnson & Johnson (NYSE: JNJ), which is sporting a $1.05 gain (+1.1%) bringing the stock to $101.42. This single gain is lifting the Dow Jones Industrial Average by 7.95 points or roughly accounting for 8.2% of the Dow's overall gain. Volume for Johnson & Johnson currently sits at 5.2 million shares traded vs. an average daily trading volume of 6.3 million shares. Johnson & Johnson has a market cap of $289.19 billion and is part of the health care sector and drugs industry. Shares are up 9.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.7%. Johnson & Johnson, together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics.