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

.

The

Dow Jones Industrial Average

(

^DJI

) is trading up 36 points (+0.3%) at 13,600 as of Wednesday, Sep 19, 2012, 1:39 p.m. ET. During this time, 312.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 578.4 million. The NYSE advances/declines ratio sits at 1,770 issues advancing vs. 1,157 declining with 150 unchanged.

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Holding back the Dow today is

Boeing

(NYSE:

BA

), which is lagging the broader Dow index with a 38-cent decline (-0.6%) bringing the stock to $70.06. Volume for Boeing currently sits at 2.7 million shares traded vs. an average daily trading volume of 4.1 million shares.

TheStreet Recommends

Boeing has a market cap of $52.57 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are down 4% year to date as of Tuesday's close. The stock's dividend yield sits at 2.5%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 12.1, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Boeing as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, increase in stock price during the past year, increase in net income and growth in earnings per share. 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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