Dow Today: Boeing (BA) Leads The Day Higher, International Business Machines (IBM) Lags

The Dow Jones Industrial Average (^DJI) closed down 143.0 points (-1.1%) at 12,411. During the day, 609.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 731.8 million. The NYSE advances/declines ratio closed at 617 issues advancing vs. 2,411 declining with 95 unchanged.

The Dow component that led the way higher today was Boeing (NYSE:BA), which sported a 17-cent gain (+0.2%) bringing the stock to $70.11. Volume for Boeing ended the day at 4.3 million shares traded vs. an average daily trading volume of 4.1 million shares.

Boeing has a market cap of $52.4 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 7.9% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 12.1, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full Boeing Ratings Report.

Holding the Dow back today was International Business Machines (NYSE:IBM), which lagged the broader Dow index with a $2.63 decline (-1.4%) bringing the stock to $192.51. This single loss is lowering the Dow Jones Industrial Average by 19.9 points or roughly accounting for 13.9% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.2 million shares traded vs. an average daily trading volume of 4.1 million shares.

• See our dividend calendar or top-yielding stocks list.

International Business Machines has a market cap of $224.28 billion and is part of the technology sector and computer hardware industry. Shares are up 2.9% year to date as of Friday's close. The stock's dividend yield sits at 1.7%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. The company has a P/E ratio of 14.6, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full International Business Machines Ratings Report.

 

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