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Dow Stocks -- From Bottom to Top

Dow stocks have resisted the equity-market decline more so than small-cap indices. Here's a ranking of No. 30 to No. 1.

BOSTON (TheStreet) -- The stock market, which swooned and then soared in 2009, has slumped so far this year.

Dow stocks

, as measured by the

Dow Jones Industrial Average

of the biggest 30 U.S. companies, have dropped 4% this year after rising 19% in 2009. The

Russell 2000 Index

of small-cap shares has tumbled 5.2%.

Dow stocks such as

McDonald's

(MCD) - Get McDonald's Corporation Report

and

Johnson & Johnson

(JNJ) - Get Johnson & Johnson Report

stand a better chance of holding their value, so investors would be wise to shade their exposure to big, safe bets. Concerns about a double-dip recession here at home, burdensome debt in Europe and a credit clampdown in China have stalled the U.S. stock-market rally that began 11 months ago.

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Dow Stocks: Best of the Best

Last week,

TheStreet.com

listed the 30 Dow components ranked by its quantitative ratings model to provide investors insight into which big-name stocks sit at the top of the pile. Those stocks offer the best shot at capital preservation and appreciation during uneasy times. The list is constantly being reshuffled due to stock-price changes and earnings releases.

Here are the most current rankings by

TheStreet.com's

model.

#30.

Alcoa

(AA) - Get Alcoa Corporation Report

Price-to-Earnings: N/A due to losses (Industrial Materials Average: 44.32)

Debt/Capital: 38.7% (Industrial Materials Average: 35.9%)

Price-to-Sales: 0.66 (Industrial Materials Average: 6.3)

#29.

Bank of America

(BAC) - Get Bank of America Corp Report

P/E: 32.6 (Banks Average: 24.8)

Debt/Capital: 78.2% (Banks Average: 76.8%)

Price-to-Free-Cash-Flow: 1.8 (Banks Average: 8.5)

#28.

General Electric

(GE) - Get General Electric Company Report

P/E: 13.5 (General Industrials Average: 17.6)

Debt/Capital: 80.3% (General Industrials Average: 37.5%)

Profit Margin: 7.1% (General Industrials Average: 21.4%)

#27.

American Express

(AXP) - Get American Express Company Report

P/E: 23.3 (Financial Services Average: 24.7)

Debt/Capital: 79.4% (Financial Services Average: 53.3%)

Price-to-Book: 3.2 (Financial Services Average: 4.14)

#26.

The Home Depot

(HD) - Get Home Depot, Inc. Report

P/E: 17.6 (Home Improvement Retail Average: 27.7)

Debt/Capital: 39.1% (Home Improvement Retail Average: 33%)

P/FCF: 10.7 (Home Improvement Retail Average: 16.2)

#25.

Verizon

(VZ) - Get Verizon Communications Inc. Report

P/E: 12.4 (Telecom Average: 14.7)

Debt/Capital: 42.5% (Telecom Average: 44.5%)

P/FCF: 5.8 (Telecom Average: 10.8)

#24.

ExxonMobil

(XOM) - Get Exxon Mobil Corporation Report

P/E: 16.4 (Integrated Oil and Gas Average: 21.4)

Debt/Capital: 7.4% (Integrated Oil and Gas Average: 29.9%)

5-Year Growth Rate: 5% (Integrated Oil and Gas Average: 21.6%)

#23.

Caterpillar

(CAT) - Get Caterpillar Inc. Report

P/E: 27 (Industrial Engineering Average: 29.6)

Debt/Capital: 77.2% (Industrial Engineering Average: 37.7%)

Current Ratio: 1.4 (Industrial Engineering Average: 1.7)

#22.

DuPont

(DD) - Get DuPont de Nemours, Inc. Report

P/E: 16.2 (Chemicals Average: 22.5)

Debt/Capital: 59% (Chemicals Average: 45.8%)

Current Ratio: 1.8 (Chemicals Average: 1.8)

#21.

Chevron

(CVX) - Get Chevron Corporation Report

P/E: 14.2 (Integrated Oil and Gas Average: 21.4)

Debt/Capital: 21% (Integrated Oil and Gas Average: 29.9%)

5yr Growth Rate: 6% (Integrated Oil and Gas Average: 21.6%)

#20.

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

P/E: 20.7 (Telecom Equipment Average: 32.3)

Debt/Capital: 21% (Telecom Equipment Average: 27%)

Current Ratio: 3.2 (Telecom Equipment Average: 2.5)

#19.

JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. Report

P/E: 14.7 (Banking Average: 26.6)

P/FCF: 1.5 (Banking Average: 10.1)

1-Year Revenue Growth: 13.93% (Banking Average: 12.3%)

#18.

Boeing

(BA) - Get Boeing Company Report

P/E: 31.7 (Aerospace and Defense Average: 33.54)

P/FCF: 9.5 (Aerospace and Defense Average: 20.1)

P/S: .6 (Aerospace and Defense Average: 1.4)

#17.

AT&T

(T) - Get AT&T Inc. Report

P/E: 11.5 (Telecom Average: 14.7)

Debt/Capital: 41.3% (Telecom Average: 44.5%)

5-Year Geometric Revenue Growth Rate: 28.7% (Telecom Average: 22.7%)

#16.

Merck

(MRK) - Get Merck & Co., Inc. Report

P/E: 11.5 (Pharmaceuticals Average: 30.5)

Debt/Capital: 22.8% (Pharmaceuticals Average: 26.7%)

P/B: 3.53 (Pharmaceuticals Average: 4.32)

#15.

Kraft

(KFT)

P/E: 14.1 (Food Producers Average: 28)

P/B: 1.9 (Food Producers Average: 4.7)

P/FCF: 11.3 (Food Producers Average: 21)

#14.

3M

(MMM) - Get 3M Company Report

P/E: 17.2 (General Industrials Average: 17.6)

Debt/Capital: 30% (General Industrials Average: 37.5%)

Operating Margin: 21.7% (General Industrials Average: 12.3%)

#13.

Intel

(INTC) - Get Intel Corporation Report

P/E: 16.2 (Semiconductor Average: 141.5)

Debt/Capital: 5% (Semiconductor Average: 23.8%)

P/FCF: 22.2 (Semiconductor Average: 47.2)

#12.

Johnson & Johnson

(JNJ) - Get Johnson & Johnson Report

P/E: 13.7 (Pharmaceutical Average: 30.5)

Debt/Capital: 21.8% (Pharmaceutical Average: 26.7%)

P/FCF: 13.9 (Pharmaceutical Average: 26.8)

#11.

Wal-Mart

(WMT) - Get Walmart Inc. Report

P/E: 15.5 (Retail Average: 21.4)

P/S: 0.52 (Retail Average: 1.02)

P/FCF: 16.2 (Retail Average: 18.2)

#10.

Walt Disney

(DIS) - Get Walt Disney Company Report

P/E: 16.2 (Media Average: 30.5)

Debt/Capital: 26.4% (Media Average: 75.6%)

P/B: 1.6 (Media Average: 4.8)

#9.

IBM

(IBM) - Get International Business Machines Corporation Report

P/E: 12.6 (Technology Average: 38.1)

P/S: 1.7 (Technology Average: 4.7)

P/FCF: 9.5 (Technology Average: 23.9)

#8.

Pfizer

(PFE) - Get Pfizer Inc. Report

P/E: 8.8 (Pharmaceuticals Average: 30.6)

Debt/Capital: 23.1% (Pharmaceuticals Average: 26.7%)

Operating Margin: 35.3% (Pharmaceuticals Average: 19.6%)

#7.

Microsoft

(MSFT) - Get Microsoft Corporation Report

P/E: 15 (Software Average: 30.5)

P/FCF: 13.5 (Software Average: 25.8)

Debt/Capital: 12.7% (Software Average: 16%)

#6.

United Technologies

(UTX) - Get n.a. Report

P/E: 14.7 (Industrials Average: 29.6)

Debt/Capital: 31.3% (Industrials Average: 38.8%)

P/FCF: 13.8 (Industrials Average: 25.17)

#5.

Hewlett-Packard

(HPQ) - Get HP Inc. Report

P/E: 12.7 (Technology Average: 38.1)

P/FCF: 11.9 (Technology Average: 23.9)

P/S: 1.01 (Technology Average: 4.7)

#4.

Coca-Cola

(KO) - Get Coca-Cola Company Report

P/E: 18.2 (Beverages Average: 25.8)

Total Cash/Current Assets: 40.9% (Beverages Average: 27.7%)

P/FCF: 20.6 (Beverages Average: 26.5)

#3.

Procter & Gamble

(PG) - Get Procter & Gamble Company Report

P/E: 16.6 (Consumer Goods Average: 22.8)

Debt/Capital: 36.9% (Consumer Goods Average: 43.3%)

P/FCF: 13.1 (Consumer Goods Average: 21.9)

#2.

Travelers

(TRV) - Get Travelers Companies, Inc. Report

P/E: 8 (Insurance Average: 30.3)

Debt/Capital: 19.2% (Insurance Average: 37.3%)

P/B: 0.96 (Insurance Average: 1.4)

#1.

McDonald's

(MCD) - Get McDonald's Corporation Report

P/E: 16.4 (Restaurants Average: 31.7)

P/FCF: 18.8 (Restaurants Average: 25)

Profit Margin: 20% (Restaurants Average: 3.7%)

-- Reported by David MacDougall in Boston.

Prior to joining TheStreet.com Ratings, David MacDougall was an analyst at Cambridge Associates, an investment consulting firm, where he worked with private equity and venture capital funds. He graduated cum laude from Northeastern University with a bachelor's degree in finance and is a Level III CFA candidate.