Dow Jones (DJIA) Today: Home Depot (HD) 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 75 points (+0.4%) at 18,086 as of Wednesday, Jun 3, 2015, 1:36 p.m. ET. During this time, 181 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 362 million. The NYSE advances/declines ratio sits at 1,534 issues advancing vs. 1,500 declining with 128 unchanged.
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The Dow component leading the way higher looks to be Home Depot (NYSE: HD), which is sporting a $1.13 gain (+1%) bringing the stock to $112.72. This single gain is lifting the Dow Jones Industrial Average by 8.55 points or roughly accounting for 11.4% of the Dow's overall gain. Volume for Home Depot currently sits at 3.2 million shares traded vs. an average daily trading volume of 4.8 million shares.

Home Depot has a market cap of $145.06 billion and is part of the services sector and retail industry. Shares are up 6.3% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.1%.

The Home Depot, Inc. operates as a home improvement retailer.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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