Dow Today: UnitedHealth Group (UNH) Leads The Day Higher, Visa (V) Lags
The Dow component leading the way higher looks to be UnitedHealth Group (NYSE:UNH), which is sporting a 34-cent gain (+0.4%) bringing the stock to $86.72. Holding back the Dow today is Visa (NYSE:V), which is lagging the broader Dow index with a $1.92 decline (-0.9%) bringing the stock to $215.21.
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 73.0 points (-0.4%) at 17,049 as of Thursday, Aug 28, 2014, 9:36 a.m. ET. During this time, 12.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.9 million. The NYSE advances/declines ratio sits at 579 issues advancing vs. 2,107 declining with 241 unchanged.
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The Dow component leading the way higher looks to be UnitedHealth Group (NYSE: UNH), which is sporting a 34-cent gain (+0.4%) bringing the stock to $86.72. Volume for UnitedHealth Group currently sits at 176,205 shares traded vs. an average daily trading volume of 3.6 million shares. UnitedHealth Group has a market cap of $82.7 billion and is part of the health care sector and health services industry. Shares are up 14.7% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.8%. UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, reasonable valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.