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 150 points (+0.8%) at 17,914 as of Wednesday, Jun 10, 2015, 9:36 a.m. ET. During this time, 15.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 354.8 million. The NYSE advances/declines ratio sits at 2,106 issues advancing vs. 642 declining with 207 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
Chevron (NYSE:
CVX), which is sporting a $1.22 gain (+1.2%) bringing the stock to $101.64. This single gain is lifting the Dow Jones Industrial Average by 9.23 points or roughly accounting for 6.2% of the Dow's overall gain. Volume for Chevron currently sits at 633,348 shares traded vs. an average daily trading volume of 6.7 million shares.
Chevron has a market cap of $188.84 billion and is part of the basic materials sector and energy industry. Shares are down 10.5% year-to-date as of Tuesday's close. The stock's dividend yield sits at 4.3%.
Chevron Corporation, through its subsidiaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream.
TheStreet Ratings rates Chevron as a
hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
Holding back the Dow today is
UnitedHealth Group (NYSE:
UNH), which is lagging the broader Dow index with a 16-cent decline (-0.1%) bringing the stock to $116.83. Volume for UnitedHealth Group currently sits at 87,516 shares traded vs. an average daily trading volume of 3.9 million shares.
UnitedHealth Group has a market cap of $111.29 billion and is part of the health care sector and health services industry. Shares are up 15.7% year-to-date as of Tuesday's close. The stock's dividend yield sits at 1.7%.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States.
TheStreet Ratings rates UnitedHealth Group as a
buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins.
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..
