Dow Today: Wal-Mart Stores (WMT) 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 up 46 points (+0.3%) at 16,697 as of Thursday, Aug 14, 2014, 12:36 p.m. ET. During this time, 136 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 302.3 million. The NYSE advances/declines ratio sits at 2,017 issues advancing vs. 963 declining with 158 unchanged.
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The Dow component leading the way higher looks to be Wal-Mart Stores (NYSE: WMT), which is sporting a three-cent gain to $74.06. This single gain is lifting the Dow Jones Industrial Average by 0.23 points or roughly accounting for 0.5% of the Dow's overall gain. Volume for Wal-Mart Stores currently sits at 3.7 million shares traded vs. an average daily trading volume of 5.8 million shares.

Wal-Mart Stores has a market cap of $239.26 billion and is part of the services sector and retail industry. Shares are down 5.9% year-to-date as of Wednesday'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.

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