Dow Today: Caterpillar (CAT) Leads The Day Higher, Wal-Mart Stores (WMT) 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 50 points (+0.3%) at 16,603 as of Monday, Aug 11, 2014, 9:36 a.m. ET. During this time, 14.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 306.6 million. The NYSE advances/declines ratio sits at 2,057 issues advancing vs. 653 declining with 216 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be Caterpillar (NYSE: CAT), which is sporting a $1.02 gain (+1%) bringing the stock to $104.30. This single gain is lifting the Dow Jones Industrial Average by 7.72 points or roughly accounting for 15.4% of the Dow's overall gain. Volume for Caterpillar currently sits at 222,865 shares traded vs. an average daily trading volume of 3.9 million shares.

Caterpillar has a market cap of $64 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.3% year-to-date as of Friday's close. The stock's dividend yield sits at 2.8%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding back the Dow today is Wal-Mart Stores (NYSE: WMT), which is lagging the broader Dow index with a 32-cent decline (-0.4%) bringing the stock to $74.35. Volume for Wal-Mart Stores currently sits at 376,044 shares traded vs. an average daily trading volume of six million shares.

Wal-Mart Stores has a market cap of $238.39 billion and is part of the services sector and retail industry. Shares are down 5.1% year-to-date as of Friday's close. The stock's dividend yield sits at 2.6%.

Wal-Mart Stores Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

null

More from Markets

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)