Dow Jones (DJIA) Today: Nike (NKE) Leads The Day Higher, Verizon Communications (VZ) 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 60 points (+0.4%) at 17,005 as of Friday, Sep 26, 2014, 9:36 a.m. ET. During this time, 16.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.2 million. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,269 declining with 270 unchanged.
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The Dow component leading the way higher looks to be Nike (NYSE: NKE), which is sporting a $8.15 gain (+10.2%) bringing the stock to $87.90. This single gain is lifting the Dow Jones Industrial Average by 61.68 points or roughly accounting for 102.8% of the Dow's overall gain. Volume for Nike currently sits at 3.1 million shares traded vs. an average daily trading volume of 3.3 million shares.

Nike has a market cap of $55.84 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.4% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.2%.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide.

TheStreet Ratings rates Nike as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding back the Dow today is Verizon Communications (NYSE: VZ), which is lagging the broader Dow index with an 11-cent decline (-0.2%) bringing the stock to $49.50. Volume for Verizon Communications currently sits at 323,276 shares traded vs. an average daily trading volume of 13.5 million shares.

Verizon Communications has a market cap of $207.55 billion and is part of the technology sector and telecommunications industry. Shares are up 1% year-to-date as of Thursday's close. The stock's dividend yield sits at 4.4%.

Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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