Dow Today: Caterpillar (CAT) Leads The Day Higher, Travelers Companies (TRV) Lags
The
Dow Jones Industrial Average
(
^DJI
) closed up 73 points (+0.6%) at 12,874. During the day, 647.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio closed at 2,357 issues advancing vs. 703 declining with 74 unchanged.
The Dow component that led the way higher today was
(NYSE:
), which sported a $1.95 gain (+1.7%) bringing the stock to $113.70. This single gain lifted the Dow Jones Industrial Average by 14.76 points or roughly accounting for 20.2% of the Dow's overall gain. Volume for Caterpillar ended the day at 5.6 million shares traded vs. an average daily trading volume of 7.8 million shares.
Caterpillar has a market cap of $68.73 billion and is part of the
sector and
industry. Shares are up 23.3% year to date as of Friday's close. The stock's dividend yield sits at 1.6%.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The company has a P/E ratio of 15.2, below the average industrial industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Caterpillar as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Caterpillar Ratings Report.
Holding the Dow back today was
(NYSE:
), which lagged the broader Dow index with a 39-cent decline (-0.7%) bringing the stock to $58.99. Volume for Travelers Companies ended the day at 2.5 million shares traded vs. an average daily trading volume of 3.9 million shares.
- See our dividend calendar or top-yielding stocks list.
Travelers Companies has a market cap of $23.94 billion and is part of the
sector and
industry. Shares are up 0.4% year to date as of Friday's close. The stock's dividend yield sits at 2.7%.
The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 18.3, above the average insurance industry P/E ratio of 15.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Travelers Companies as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Travelers Companies Ratings Report.
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