Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

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The

Dow Jones Industrial Average

(

^DJI

) closed down 21.0 points (-0.2%) at 13,558. During the day, 518.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 578.7 million. The NYSE advances/declines ratio closed at 1,202 issues advancing vs. 1,785 declining with 117 unchanged.

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The Dow component that led the way higher today was

3M

(NYSE:

MMM

), which sported a 52-cent gain (+0.6%) bringing the stock to $93.73. Volume for 3M ended the day at three million shares traded vs. an average daily trading volume of 2.8 million shares.

3M has a market cap of $64.69 billion and is part of the

conglomerates

sector and

conglomerates

industry. Shares are up 14.5% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

3M Company operates as a diversified technology company worldwide. The company has a P/E ratio of 15.3, equal to the average conglomerates industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates 3M as a

buy

TheStreet Recommends

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding the Dow back today was

Caterpillar

(NYSE:

CAT

), which lagged the broader Dow index with an 85-cent decline (-0.9%) bringing the stock to $90.87. This single loss is lowering the Dow Jones Industrial Average by 6.43 points or roughly accounting for 30.6% of the Dow's overall loss. Volume for Caterpillar ended the day at eight million shares traded vs. an average daily trading volume of 7.4 million shares.

Caterpillar has a market cap of $60.45 billion and is part of the

conglomerates

sector and

conglomerates

industry. Shares are up 2.1% year to date as of Friday's close. The stock's dividend yield sits at 2.2%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company has a P/E ratio of 10.4, equal to the average conglomerates industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Caterpillar as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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