Dow Today: American Express (AXP) Leads The Day Higher, Boeing (BA) Lags

The Dow Jones Industrial Average ( ^DJI) closed down 9.0 points at 12,871. During the day, 538.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 700.6 million. The NYSE advances/declines ratio closed at 2,141 issues advancing vs. 892 declining with 89 unchanged.

The Dow component that led the way higher today was American Express (NYSE: AXP), which sported an 82-cent gain (+1.4%) bringing the stock to $59.03. Volume for American Express ended the day at four million shares traded vs. an average daily trading volume of six million shares.

American Express has a market cap of $65.25 billion and is part of the financial sector and financial services industry. Shares are up 20.2% year to date as of Friday's close. The stock's dividend yield sits at 1.4%.

American Express Company provides charge and credit payment card products, and travel-related services to worldwide. The company has a P/E ratio of 13.5, equal to the average financial services industry P/E ratio 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 growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and increase 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.

Holding the Dow back today was Boeing (NYSE: BA), which lagged the broader Dow index with a $1.12 decline (-1.5%) bringing the stock to $73.18. This single loss lowered the Dow Jones Industrial Average by 8.48 points or roughly accounting for 94.2% of the Dow's overall loss. Volume for Boeing ended the day at 4.9 million shares traded vs. an average daily trading volume of 4.1 million shares.

Boeing has a market cap of $53.62 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 1.3% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

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 12.4, 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, notable return on equity, good cash flow from operations, compelling growth in net income and impressive record of earnings per share growth. 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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