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 59.0 points (-0.4%) at 15,059 as of Monday, May 13, 2013, 9:35 a.m. ET. During this time, 16.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 598.8 million. The NYSE advances/declines ratio sits at 948 issues advancing vs. 1,520 declining with 181 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting a 26-cent gain (+0.3%) bringing the stock to $94.50. Volume for Boeing currently sits at 178,970 shares traded vs. an average daily trading volume of 4.9 million shares.

Boeing has a market cap of $71.78 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 25.5% year to date as of Friday's close. The stock's dividend yield sits at 2.1%.

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 17.8, equal to 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 solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding back the Dow today is Hewlett-Packard (NYSE: HPQ), which is lagging the broader Dow index with an 11-cent decline (-0.5%) bringing the stock to $21.43. This single loss is lowering the Dow Jones Industrial Average by 0.83 points or roughly accounting for 1.4% of the Dow's overall loss. Volume for Hewlett-Packard currently sits at 345,006 shares traded vs. an average daily trading volume of 24.3 million shares.

Hewlett-Packard has a market cap of $41.17 billion and is part of the technology sector and computer hardware industry. Shares are up 51.2% year to date as of Friday's close. The stock's dividend yield sits at 2.5%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.

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

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