Dow Today: General Electric (GE) 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 down 39.0 points (-0.2%) at 16,524 as of Friday, Aug 1, 2014, 1:36 p.m. ET. During this time, 226.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.2 million. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 2,012 declining with 122 unchanged.
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The Dow component leading the way higher looks to be General Electric (NYSE: GE), which is sporting a 12-cent gain (+0.5%) bringing the stock to $25.27. Volume for General Electric currently sits at 23.8 million shares traded vs. an average daily trading volume of 27 million shares.

General Electric has a market cap of $257.11 billion and is part of the industrial goods sector and industrial industry. Shares are down 10.3% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.4%.

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, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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