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 2.0 points at 16,427 as of Wednesday, Aug 6, 2014, 1:36 p.m. ET. During this time, 209.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.3 million. The NYSE advances/declines ratio sits at 1,883 issues advancing vs. 1,122 declining with 133 unchanged.
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The Dow component leading the way higher looks to be General Electric (NYSE: GE), which is sporting a 50-cent gain (+2%) bringing the stock to $25.52. Volume for General Electric currently sits at 29.6 million shares traded vs. an average daily trading volume of 27.9 million shares.

General Electric has a market cap of $253.56 billion and is part of the industrial goods sector and industrial industry. Shares are down 9.8% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3.5%.

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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