Dow Jones (DJIA) Today: Visa (V) Leads The Day Higher, International Business Machines (IBM) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 34 points (+0.2%) at 17,719. During the day, 278.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 329.3 million. The NYSE advances/declines ratio closed at 2,020 issues advancing vs. 1,043 declining with 157 unchanged.
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The Dow component that led the way higher today was Visa (NYSE: V), which sported a $1.81 gain (+0.7%) bringing the stock to $251.67. This single gain is lifting the Dow Jones Industrial Average by 13.7 points or roughly accounting for 40.3% of the Dow's overall gain. Volume for Visa ended the day at 1.7 million shares traded vs. an average daily trading volume of 2.9 million shares.

Visa has a market cap of $123.56 billion and is part of the financial sector and financial services industry. Shares are up 12.2% 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.

Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with a 79-cent decline (-0.5%) bringing the stock to $160.64. Volume for International Business Machines ended the day at 4.1 million shares traded vs. an average daily trading volume of 4.5 million shares.

International Business Machines has a market cap of $160.22 billion and is part of the technology sector and computer software & services industry. Shares are down 13.9% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

International Business Machines Corporation provides information technology (IT) products and services worldwide.

TheStreet Ratings rates International Business Machines as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and a generally disappointing performance in the stock itself.

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