Dow Today: JPMorgan Chase (JPM) 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 10.0 points at 17,029 as of Friday, Aug 22, 2014, 1:36 p.m. ET. During this time, 121.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301.3 million. The NYSE advances/declines ratio sits at 1,199 issues advancing vs. 1,746 declining with 179 unchanged.
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The Dow component leading the way higher looks to be JPMorgan Chase (NYSE: JPM), which is sporting a 23-cent gain (+0.4%) bringing the stock to $58.73. Volume for JPMorgan Chase currently sits at 6.3 million shares traded vs. an average daily trading volume of 13 million shares.

JPMorgan Chase has a market cap of $216.8 billion and is part of the financial sector and banking industry. Shares are up 0% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.8%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year 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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