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.
Dow Jones Industrial Average
) is trading down 103.0 points (-0.6%) at 18,023 as of Friday, May 29, 2015, 11:36 a.m. ET. During this time, 113.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.6 million. The NYSE advances/declines ratio sits at 739 issues advancing vs. 2,172 declining with 185 unchanged.
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Holding back the Dow today is
), which is lagging the broader Dow index with a $1.61 decline (-1.1%) bringing the stock to $140.72. This single loss is lowering the Dow Jones Industrial Average by 12.19 points or roughly accounting for 11.8% of the Dow's overall loss. Volume for Boeing currently sits at 1.7 million shares traded vs. an average daily trading volume of 3.9 million shares.
Boeing has a market cap of $98.89 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 9.5% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.5%.
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
TheStreet Ratings rates Boeing as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel its strengths outweigh the fact that the company shows low profit margins.
- You can view the full Boeing Ratings Report.