Dow Today: Boeing (BA) Leads The Day Higher, Hewlett-Packard (HPQ) Lags

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading down 47.0 points (-0.4%) at 12,748 as of Tuesday, Nov 20, 2012, 9:35 a.m. ET. During this time, 54.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 606.1 million. The NYSE advances/declines ratio sits at 843 issues advancing vs. 1,835 declining with 152 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting a 20-cent gain (+0.3%) bringing the stock to $72.16. Volume for Boeing currently sits at 117,886 shares traded vs. an average daily trading volume of 4.9 million shares.

Boeing has a market cap of $53.37 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 1.9% year to date as of Monday'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 12.5, 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, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding back the Dow today is Hewlett-Packard (NYSE: HPQ), which is lagging the broader Dow index with a $1.76 decline (-13.2%) bringing the stock to $11.54. This single loss is lowering the Dow Jones Industrial Average by 13.32 points or roughly accounting for 28.3% of the Dow's overall loss. Volume for Hewlett-Packard currently sits at 30.1 million shares traded vs. an average daily trading volume of 27.5 million shares.

Hewlett-Packard has a market cap of $25.27 billion and is part of the technology sector and computer hardware industry. Shares are down 48.4% year to date as of Monday's close. The stock's dividend yield sits at 4.1%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. The company has a P/E ratio of -4.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk.

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