Dow Jones (DJIA) Today: Visa (V) Leads The Day Higher, Nike (NKE) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 19 points (+0.1%) at 17,573. During the day, 287.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 325 million. The NYSE advances/declines ratio closed at 1,885 issues advancing vs. 1,187 declining with 147 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $2.34 gain (+0.9%) bringing the stock to $252.43. This single gain lifted the Dow Jones Industrial Average by 17.71 points or roughly accounting for 93.2% of the Dow's overall gain. Volume for Visa ended the day at 2.3 million shares traded vs. an average daily trading volume of 2.8 million shares.

Visa has a market cap of $123.46 billion and is part of the financial sector and financial services industry. Shares are up 12.3% year-to-date as of Thursday'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.

Holding the Dow back today was Nike (NYSE: NKE), which lagged the broader Dow index with an 86-cent decline (-0.9%) bringing the stock to $93.74. Volume for Nike ended the day at 2.4 million shares traded vs. an average daily trading volume of four million shares.

Nike has a market cap of $64.76 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 20.3% year-to-date as of Thursday's close. The stock's dividend yield sits at 1%.

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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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