The

Dow Jones Industrial Average

(

^DJI

) is trading up 14 points (+0.1%) at 12,770 as of Thursday, Jan 26, 2012, 12:35 p.m. ET. During this time, 436.7 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 1,574 issues advancing vs. 1,350 declining with 107 unchanged.

The Dow component leading the way higher looks to be

United Technologies

(NYSE:

UTX

), which is sporting a 14-cent gain (+0.2%) bringing the stock to $77.79. This single gain is lifting the Dow Jones Industrial Average by 1.06 points or roughly accounting for 7.6% of the Dow's overall gain. Volume for United Technologies currently sits at 2.6 million shares traded vs. an average daily trading volume of 4.4 million shares.

United Technologies has a market cap of $70.48 billion and is part of the

conglomerates

sector and

conglomerates

industry. Shares are up 6.2% year to date as of Wednesday's close. The stock's dividend yield sits at 2.5%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 14.6, equal to the average conglomerates industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates United Technologies as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

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