Dow Jones (DJIA) Today: AT&T (T) 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 six points at 17,618 as of Thursday, Nov 13, 2014, 1:36 p.m. ET. During this time, 184.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 326.3 million. The NYSE advances/declines ratio sits at 998 issues advancing vs. 2,012 declining with 159 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be AT&T (NYSE: T), which is sporting a 20-cent gain (+0.6%) bringing the stock to $35.60. This single gain is lifting the Dow Jones Industrial Average by 1.51 points or roughly accounting for 25.2% of the Dow's overall gain. Volume for AT&T currently sits at 13.4 million shares traded vs. an average daily trading volume of 20 million shares.

AT&T has a market cap of $182.06 billion and is part of the technology sector and telecommunications industry. Shares are up 0.7% year-to-date as of Wednesday's close. The stock's dividend yield sits at 5.2%.

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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

null

More from Markets

Starbucks Surprises With U.S. Sales Up 2%

Starbucks Surprises With U.S. Sales Up 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company