Dow Today: Home Depot (HD) Leads The Day Higher, Johnson & Johnson (JNJ) 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) closed down 5.0 points at 14,968. During the day, 597.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 600 million. The NYSE advances/declines ratio closed at 1,812 issues advancing vs. 1,171 declining with 133 unchanged.
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The Dow component that led the way higher today was Home Depot (NYSE: HD), which sported a $1.30 gain (+1.8%) bringing the stock to $75.26. Volume for Home Depot ended the day at 5.7 million shares traded vs. an average daily trading volume of seven million shares.

Home Depot has a market cap of $108.69 billion and is part of the services sector and retail industry. Shares are up 19.6% year to date as of Friday's close. The stock's dividend yield sits at 2.1%.

The Home Depot, Inc. operates as a home improvement retailer. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Holding the Dow back today was Johnson & Johnson (NYSE: JNJ), which lagged the broader Dow index with a $1.07 decline (-1.3%) bringing the stock to $84.68. This single loss is lowering the Dow Jones Industrial Average by 8.1 points or roughly accounting for 162% of the Dow's overall loss. Volume for Johnson & Johnson ended the day at 8.6 million shares traded vs. an average daily trading volume of 9.7 million shares.

Johnson & Johnson has a market cap of $238.2 billion and is part of the health care sector and drugs industry. Shares are up 22.3% year to date as of Friday's close. The stock's dividend yield sits at 3.1%.

Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Johnson & Johnson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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