Dow Jones (DJIA) Today: United Technologies (UTX) Higher
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 or Stephanie Link
.
The
Dow Jones Industrial Average
(
^DJI
) is trading up 169 points (+0.9%) at 18,025 as of Monday, Mar 9, 2015, 1:36 p.m. ET. During this time, 159.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.2 million. The NYSE advances/declines ratio sits at 1,614 issues advancing vs. 1,413 declining with 145 unchanged.
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The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a $1.99 gain (+1.7%) bringing the stock to $121.42. This single gain is lifting the Dow Jones Industrial Average by 15.06 points or roughly accounting for 8.9% of the Dow's overall gain. Volume for United Technologies currently sits at 2.2 million shares traded vs. an average daily trading volume of four million shares.
United Technologies has a market cap of $109.58 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 3.9% year-to-date as of Friday's close. The stock's dividend yield sits at 2.1%.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide.
TheStreet Ratings rates United Technologies as a
. 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, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full United Ratings Report.
.
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