Dow Jones (DJIA) Today: UnitedHealth Group (UNH) Leads The Day Higher, International Business Machines (IBM) 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 or Stephanie Link
.
The
Dow Jones Industrial Average
(
^DJI
) closed down 107.0 points (-0.6%) at 18,096. During the day, 307.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 376.2 million. The NYSE advances/declines ratio closed at 1,177 issues advancing vs. 1,880 declining with 147 unchanged.
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The Dow component that led the way higher today was
(NYSE:
), which sported a 96-cent gain (+0.8%) bringing the stock to $113.82. Volume for UnitedHealth Group ended the day at 3.2 million shares traded vs. an average daily trading volume of 4.2 million shares.
UnitedHealth Group has a market cap of $109.1 billion and is part of the health care sector and health services industry. Shares are up 11.6% year-to-date as of Tuesday's close. The stock's dividend yield sits at 1.3%.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States.
TheStreet Ratings rates UnitedHealth Group as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full UnitedHealth Group Ratings Report.
Holding the Dow back today was
International Business Machines
(NYSE:
), which lagged the broader Dow index with a $1.61 decline (-1%) bringing the stock to $159.42. This single loss is lowering the Dow Jones Industrial Average by 12.19 points or roughly accounting for 11.4% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.6 million shares traded vs. an average daily trading volume of 4.9 million shares.
International Business Machines has a market cap of $158.62 billion and is part of the technology sector and computer software & services industry. Shares are up 0.4% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.7%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk.
- You can view the full International Business Machines Ratings Report.
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