Dow Today: Boeing (BA) Leads The Day Higher, Caterpillar (CAT) 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 6.0 points at 14,029 as of Wednesday, Feb 20, 2013, 9:35 a.m. ET. During this time, 26.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 619 million. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,351 declining with 202 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting an 86-cent gain (+1.1%) bringing the stock to $75.51. Volume for Boeing currently sits at 334,445 shares traded vs. an average daily trading volume of 6.1 million shares.

Boeing has a market cap of $56.74 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 0.4% year to date as of Tuesday's close. The stock's dividend yield sits at 2.6%.

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 14.7, 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding back the Dow today is Caterpillar (NYSE: CAT), which is lagging the broader Dow index with a $1.40 decline (-1.5%) bringing the stock to $94.20. This single loss is lowering the Dow Jones Industrial Average by 10.6 points or roughly accounting for 176.7% of the Dow's overall loss. Volume for Caterpillar currently sits at 624,611 shares traded vs. an average daily trading volume of 5.7 million shares.

Caterpillar has a market cap of $62.52 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 6.7% year to date as of Tuesday's close. The stock's dividend yield sits at 2.2%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations 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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