Dow Jones (DJIA) Today: Visa (V) 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 73 points (+0.4%) at 17,456 as of Wednesday, Nov 5, 2014, 11:36 a.m. ET. During this time, 112.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 325.8 million. The NYSE advances/declines ratio sits at 1,650 issues advancing vs. 1,259 declining with 228 unchanged.
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The Dow component leading the way higher looks to be Visa (NYSE: V), which is sporting a $5.61 gain (+2.3%) bringing the stock to $248.58. This single gain is lifting the Dow Jones Industrial Average by 42.46 points or roughly accounting for 58.2% of the Dow's overall gain. Volume for Visa currently sits at 1.7 million shares traded vs. an average daily trading volume of 2.8 million shares.

Visa has a market cap of $119.51 billion and is part of the financial sector and financial services industry. Shares are up 9.1% year-to-date as of Tuesday's close. The stock's dividend yield sits at 0.8%.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

TheStreet Ratings rates Visa 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, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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