Dow Jones (DJIA) Today: Pfizer (PFE) 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 down 75.0 points (-0.4%) at 18,051 as of Friday, May 29, 2015, 12:36 p.m. ET. During this time, 148.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.6 million. The NYSE advances/declines ratio sits at 1,046 issues advancing vs. 1,894 declining with 180 unchanged.
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The Dow component leading the way higher looks to be Pfizer (NYSE: PFE), which is sporting a 45-cent gain (+1.3%) bringing the stock to $34.89. Volume for Pfizer currently sits at 18 million shares traded vs. an average daily trading volume of 26 million shares.

Pfizer has a market cap of $211.21 billion and is part of the health care sector and drugs industry. Shares are up 10.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.3%.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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