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) closed up 150 points (+1%) at 14,910. During the day, 538.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 621.9 million. The NYSE advances/declines ratio closed at 2,333 issues advancing vs. 743 declining with 57 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a $2.06 gain (+2.1%) bringing the stock to $100.73. This single gain lifted the Dow Jones Industrial Average by 15.59 points or roughly accounting for 10.4% of the Dow's overall gain. Volume for Boeing ended the day at 4.7 million shares traded vs. an average daily trading volume of 4.9 million shares.

Boeing has a market cap of $74.24 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 30.9% year to date as of Tuesday's close. The stock's dividend yield sits at 2%.

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 18.4, above 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 the Dow back today was Caterpillar (NYSE: CAT), which lagged the broader Dow index with a 23-cent decline (-0.3%) bringing the stock to $82.10. Volume for Caterpillar ended the day at 6.9 million shares traded vs. an average daily trading volume of seven million shares.

Caterpillar has a market cap of $53.62 billion and is part of the industrial goods sector and industrial industry. Shares are down 8.1% year to date as of Tuesday's close. The stock's dividend yield sits at 2.9%.

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, 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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