Dow Today: Walt Disney (DIS) Leads The Day Higher, United Technologies (UTX) Lags

The Dow Jones Industrial Average ( ^DJI) is trading down 121.0 points (-0.9%) at 12,811 as of Wednesday, May 9, 2012, 9:35 a.m. ET. During this time, 29.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 723.4 million. The NYSE advances/declines ratio sits at 354 issues advancing vs. 2,392 declining with 100 unchanged.

The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting a $1.15 gain (+2.6%) bringing the stock to $45.45. Volume for Walt Disney currently sits at 3.4 million shares traded vs. an average daily trading volume of 7.9 million shares.

Walt Disney has a market cap of $78.54 billion and is part of the services sector and media industry. Shares are up 16.9% year to date as of Tuesday's close. The stock's dividend yield sits at 1.4%.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 16.6, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding back the Dow today is United Technologies (NYSE: UTX), which is lagging the broader Dow index with a $1.42 decline (-1.8%) bringing the stock to $77.40. This single loss is lowering the Dow Jones Industrial Average by 10.75 points or roughly accounting for 8.9% of the Dow's overall loss. Volume for United Technologies currently sits at 148,163 shares traded vs. an average daily trading volume of 3.8 million shares.

United Technologies has a market cap of $71.92 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 8% year to date as of Tuesday's close. The stock's dividend yield sits at 2.4%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 13.7, 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 impressive record of earnings per share growth, 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 has had sub par growth in net income.

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