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Dow Today: Kraft Foods (KFT) Leads The Day Higher, Procter & Gamble (PG) Lags

The Dow Jones Industrial Average ( ^DJI) is trading up 73 points (+0.6%) at 13,169 as of Monday, Aug 6, 2012, 9:35 a.m. ET. During this time, 16.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 683 million. The NYSE advances/declines ratio sits at 1,967 issues advancing vs. 698 declining with 147 unchanged.

The Dow component leading the way higher looks to be Kraft Foods (Nasdaq: KFT), which is sporting a 54-cent gain (+1.4%) bringing the stock to $41.06. This single gain is lifting the Dow Jones Industrial Average by 4.09 points or roughly accounting for 5.6% of the Dow's overall gain. Volume for Kraft Foods currently sits at 697,336 shares traded vs. an average daily trading volume of 10.2 million shares.

Kraft Foods has a market cap of $69.04 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 5.4% year to date as of Friday's close. The stock's dividend yield sits at 3%.

Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 18.5, below the average food & beverage industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kraft Foods 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, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding back the Dow today is Procter & Gamble (NYSE: PG), which is lagging the broader index with a four-cent decline to $65.46. Volume for Procter & Gamble currently sits at 573,412 shares traded vs. an average daily trading volume of 12.6 million shares.

Procter & Gamble has a market cap of $174.02 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 1.8% year to date as of Friday's close. The stock's dividend yield sits at 3.5%.

The Procter & Gamble Company, together with its subsidiaries, provides consumer packaged goods and improves the lives of consumers worldwide. The company operates through six segments: Beauty, Grooming, Health Care, Pet Care, Fabric Care and Home Care, and Baby Care and Family Care. The company has a P/E ratio of 19.5, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

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