Dow Jones (DJIA) Today: American Express (AXP) 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..

The Dow Jones Industrial Average ( ^DJI) is trading up 115 points (+0.6%) at 17,956 as of Thursday, May 7, 2015, 12:36 p.m. ET. During this time, 142.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 370.2 million. The NYSE advances/declines ratio sits at 1,846 issues advancing vs. 1,171 declining with 124 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 American Express (NYSE: AXP), which is sporting a 66-cent gain (+0.8%) bringing the stock to $78.51. This single gain is lifting the Dow Jones Industrial Average by 5.0 points or roughly accounting for 4.3% of the Dow's overall gain. Volume for American Express currently sits at 4.6 million shares traded vs. an average daily trading volume of 8.1 million shares.

American Express has a market cap of $79.07 billion and is part of the financial sector and financial services industry. Shares are down 16.3% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.3%.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE..

More from Markets

Dow Seeks Direction as Bond Yields Inch Closer to 3% Threshold

Dow Seeks Direction as Bond Yields Inch Closer to 3% Threshold

Aluminum Prices Plummet as U.S. Is Open to Easing Sanctions on Russia's Rusal

Aluminum Prices Plummet as U.S. Is Open to Easing Sanctions on Russia's Rusal

Akorn's Stock Crashes as Germany's Fresenius Ends Takeover Amid Data Allegations

Akorn's Stock Crashes as Germany's Fresenius Ends Takeover Amid Data Allegations

Trump to Blame for Oil's Recent Surge, Not OPEC

Trump to Blame for Oil's Recent Surge, Not OPEC

3 Things Investors Must Know for Monday

3 Things Investors Must Know for Monday