Dow Today: JPMorgan Chase (JPM) Leads The Day Higher, Caterpillar (CAT) Lags
The
Dow Jones Industrial Average
(
^DJI
) is trading down 31 points (-0.2%) at 12,847 as of Wednesday, Feb 15, 2012, 9:40 a.m. ET. During this time, 59 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 sits at 2,045 issues advancing vs. 531 declining with 136 unchanged.
The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a 40-cent gain (+1.1%) bringing the stock to $38.32. Volume for JPMorgan Chase currently sits at 1.5 million shares traded vs. an average daily trading volume of 39.3 million shares.
JPMorgan Chase has a market cap of $143.1 billion and is part of the
sector and
industry. Shares are up 14% year to date as of Tuesday's close. The stock's dividend yield sits at 2.6%.
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 8.5, above the average banking industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates JPMorgan Chase as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full JPMorgan Chase Ratings Report.
Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with an 82-cent decline (-0.7%) bringing the stock to $113.63. This single loss is lowering the Dow Jones Industrial Average by 6.21 points or roughly accounting for 20% of the Dow's overall loss. Volume for Caterpillar currently sits at 502,696 shares traded vs. an average daily trading volume of 7.8 million shares.
- See our dividend calendar or top-yielding stocks list.
Caterpillar has a market cap of $68.73 billion and is part of the
sector and
industry. Shares are up 26.3% year to date as of Tuesday'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 15.4, 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.
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