Dow Today: Home Depot (HD) Leads The Day Higher, AT&T (T) 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 38 points (+0.2%) at 16,876 as of Tuesday, Aug 19, 2014, 9:36 a.m. ET. During this time, 16.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301.6 million. The NYSE advances/declines ratio sits at 1,900 issues advancing vs. 824 declining with 257 unchanged.
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The Dow component leading the way higher looks to be Home Depot (NYSE: HD), which is sporting a $3.22 gain (+3.9%) bringing the stock to $86.81. This single gain is lifting the Dow Jones Industrial Average by 24.37 points or roughly accounting for 64.1% of the Dow's overall gain. Volume for Home Depot currently sits at 2.5 million shares traded vs. an average daily trading volume of 5.9 million shares.

Home Depot has a market cap of $114.46 billion and is part of the services sector and retail industry. Shares are up 1.5% year-to-date as of Monday's close. The stock's dividend yield sits at 2.3%.

The Home Depot, Inc. operates as a home improvement retailer.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, 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.

Holding back the Dow today is AT&T (NYSE: T), which is lagging the broader Dow index with a 12-cent decline (-0.4%) bringing the stock to $34.52. Volume for AT&T currently sits at 982,696 shares traded vs. an average daily trading volume of 22.4 million shares.

AT&T has a market cap of $180.16 billion and is part of the technology sector and telecommunications industry. Shares are down 1.4% year-to-date as of Monday's close. The stock's dividend yield sits at 5.3%.

AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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