Dow Today: Walt Disney (DIS) 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 43 points (+0.3%) at 16,694 as of Thursday, Aug 14, 2014, 1:36 p.m. ET. During this time, 162.5 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 1,989 issues advancing vs. 996 declining with 174 unchanged.
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The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting a $1.03 gain (+1.2%) bringing the stock to $88.63. This single gain is lifting the Dow Jones Industrial Average by 7.8 points or roughly accounting for 18.1% of the Dow's overall gain. Volume for Walt Disney currently sits at four million shares traded vs. an average daily trading volume of 5.9 million shares.

Walt Disney has a market cap of $149.7 billion and is part of the services sector and media industry. Shares are up 14.7% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1%.

The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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