Dow Today: Procter & Gamble (PG) 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) closed up 41 points (+0.3%) at 14,799. During the day, 1.06 billion shares of the 30 Dow components have changed hands vs. an average daily trading volume of 597.5 million. The NYSE advances/declines ratio closed at 1,524 issues advancing vs. 1,517 declining with 85 unchanged.
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The Dow component that led the way higher today was Procter & Gamble (NYSE: PG), which sported a $2.18 gain (+2.9%) bringing the stock to $77.43. This single gain is lifting the Dow Jones Industrial Average by 16.5 points or roughly accounting for 40.2% of the Dow's overall gain. Volume for Procter & Gamble ended the day at 19.5 million shares traded vs. an average daily trading volume of 9.5 million shares.

Procter & Gamble has a market cap of $212.71 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 10.8% year to date as of Thursday's close. The stock's dividend yield sits at 3.1%.

The Procter & Gamble Company, together with its subsidiaries, engages in the manufacture and sale of a range of branded consumer packaged goods. The company operates in five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding the Dow back today was Hewlett-Packard (NYSE: HPQ), which lagged the broader Dow index with a 56-cent decline (-2.3%) bringing the stock to $24.15. Volume for Hewlett-Packard ended the day at 22.9 million shares traded vs. an average daily trading volume of 20.4 million shares.

Hewlett-Packard has a market cap of $49.04 billion and is part of the technology sector and computer hardware industry. Shares are up 73.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.3%.

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 hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

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