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 54 points (+0.3%) at 17,538 as of Thursday, Nov 6, 2014, 1:36 p.m. ET. During this time, 162.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 325.4 million. The NYSE advances/declines ratio sits at 1,656 issues advancing vs. 1,351 declining with 158 unchanged.
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The Dow component leading the way higher looks to be Visa (NYSE: V), which is sporting a 32-cent gain (+0.1%) bringing the stock to $249.85. This single gain is lifting the Dow Jones Industrial Average by 2.42 points or roughly accounting for 4.5% of the Dow's overall gain. Volume for Visa currently sits at 2.1 million shares traded vs. an average daily trading volume of 2.8 million shares.

Visa has a market cap of $120.22 billion and is part of the financial sector and financial services industry. Shares are up 12.1% year-to-date as of Wednesday'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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