Dow Today: American Express (AXP) Leads The Day Higher, United Technologies (UTX) Lags

The Dow Jones Industrial Average ( ^DJI) closed up seven points at 13,239. During the day, 1.03 billion 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 1,883 issues advancing vs. 1,107 declining with 112 unchanged.

The Dow component that led the way higher today was American Express (NYSE: AXP), which sported a 72-cent gain (+1.3%) bringing the stock to $57.27. This single gain lifted the Dow Jones Industrial Average by 5.45 points or roughly accounting for 77.9% of the Dow's overall gain. Volume for American Express ended the day at 5.4 million shares traded vs. an average daily trading volume of 6.5 million shares.

American Express has a market cap of $57.18 billion and is part of the financial sector and financial services industry. Shares are up 19.9% year to date as of Friday's close. The stock's dividend yield sits at 1.3%.

American Express Company provides charge and credit payment card products, and travel-related services to worldwide. The company has a P/E ratio of 13.9, above the average financial services industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, increase in net income and good cash flow from operations. 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 United Technologies (NYSE: UTX), which lagged the broader Dow index with an 86-cent decline (-1%) bringing the stock to $84.62. Volume for United Technologies ended the day at 4.4 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 17% year to date as of Friday's close. The stock's dividend yield sits at 2.2%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 15.8, above the average conglomerates industry P/E ratio of 14.6 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, increase in stock price during the past year, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

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