The

Dow Jones Industrial Average

(

^DJI

) closed up 125 points (+1%) at 12,294. During the day, 491 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 881.6 million. The NYSE advances/declines ratio closed at 2,071 issues advancing vs. 914 declining with 119 unchanged.

The Dow component that led the way higher today was

International Business Machines

(NYSE:

IBM

), which sported a $2.71 gain (+1.5%) bringing the stock to $184.75. This single gain is lifting the Dow Jones Industrial Average by 20.51 points or roughly accounting for 16.4% of the Dow's overall gain. Volume for International Business Machines ended the day at three million shares traded vs. an average daily trading volume of 5.8 million shares.

International Business Machines has a market cap of $213.88 billion and is part of the

technology

sector and

computer hardware

industry. Shares are up 24% year to date as of Thursday's close. The stock's dividend yield sits at 1.7%.

International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. The company has a P/E ratio of 14.4, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

Holding the Dow back today was

Boeing

(NYSE:

BA

), which lagged the broader Dow index with a 32-cent decline (-0.4%) bringing the stock to $73.97. Volume for Boeing ended the day at 3.5 million shares traded vs. an average daily trading volume of 5.9 million shares.

Boeing has a market cap of $54.69 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 13.8% year to date as of Thursday's close. The stock's dividend yield sits at 2.4%.

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 14.5, 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 revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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