The Dow component leading the way higher looks to be AT&T (NYSE:T), which is sporting a 24-cent gain (+0.7%) bringing the stock to $33.87. This single gain is lifting the Dow Jones Industrial Average by 1.82 points or roughly accounting for 1.8% of the Dow's overall gain. Volume for AT&T currently sits at 19.9 million shares traded vs. an average daily trading volume of 22.6 million shares.
AT&T has a market cap of $177.44 billion and is part of the technology sector and telecommunications industry. Shares are down 0.9% year to date as of Monday's close. The stock's dividend yield sits at 5.4%.
AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other.
TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
http://www.thestreet.com/story/12032855/1/dow-today-att-t-higher.html?puc=yahoo&cm_ven=YAHOO
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