Dow Jones (DJIA) Today: Home Depot (HD) Leads The Day Higher, AT&T (T) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 70 points (+0.4%) at 17,554. During the day, 285.6 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 closed at 1,745 issues advancing vs. 1,329 declining with 144 unchanged.
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The Dow component that led the way higher today was Home Depot (NYSE: HD), which sported a $1.51 gain (+1.6%) bringing the stock to $97.29. This single gain is lifting the Dow Jones Industrial Average by 11.43 points or roughly accounting for 16.3% of the Dow's overall gain. Volume for Home Depot ended the day at 3.8 million shares traded vs. an average daily trading volume of 6.9 million shares.

Home Depot has a market cap of $129.15 billion and is part of the services sector and retail industry. Shares are up 16.3% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2%.

The Home Depot, Inc. operates as a home improvement retailer.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance 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.

Holding the Dow back today was AT&T (NYSE: T), which lagged the broader Dow index with a 20-cent decline (-0.6%) bringing the stock to $34.72. Volume for AT&T ended the day at 17 million shares traded vs. an average daily trading volume of 20.2 million shares.

AT&T has a market cap of $180.42 billion and is part of the technology sector and telecommunications industry. Shares are down 0.7% year-to-date as of Wednesday's close. The stock's dividend yield sits at 5.3%.

AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity 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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