Dow Jones (DJIA) Today: Nike (NKE) Leads The Day Higher, General Electric (GE) Lags

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 83 points (+0.5%) at 18,083 as of Thursday, Jun 11, 2015, 9:36 a.m. ET. During this time, 13.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 353.8 million. The NYSE advances/declines ratio sits at 1,825 issues advancing vs. 903 declining with 243 unchanged.
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The Dow component leading the way higher looks to be Nike (NYSE: NKE), which is sporting a $1.35 gain (+1.3%) bringing the stock to $104.69. This single gain is lifting the Dow Jones Industrial Average by 10.22 points or roughly accounting for 12.3% of the Dow's overall gain. Volume for Nike currently sits at 319,180 shares traded vs. an average daily trading volume of 3.1 million shares.

Nike has a market cap of $69.14 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 7.5% year-to-date as of Wednesday's close. The stock's dividend yield sits at 1.1%.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide.

TheStreet Ratings rates Nike 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, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is General Electric (NYSE: GE), which is lagging the broader Dow index with a 10-cent decline (-0.3%) bringing the stock to $27.54. Volume for General Electric currently sits at 1.9 million shares traded vs. an average daily trading volume of 44 million shares.

General Electric has a market cap of $275.38 billion and is part of the industrial goods sector and industrial industry. Shares are up 9.3% year-to-date as of Wednesday's close. The stock's dividend yield sits at 3.4%.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide.

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

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