Dow Today: Caterpillar (CAT) Leads The Day Higher

The Dow Jones Industrial Average ( ^DJI) is trading up 130 points (+0.9%) at 15,421 as of Thursday, Jul 11, 2013, 9:35 a.m. ET. During this time, 31.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 612 million. The NYSE advances/declines ratio sits at 2,254 issues advancing vs. 110 declining with 57 unchanged.
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The Dow component leading the way higher looks to be Caterpillar (NYSE: CAT), which is sporting a $1.53 gain (+1.8%) bringing the stock to $86.49. This single gain is lifting the Dow Jones Industrial Average by 11.58 points or roughly accounting for 8.9% of the Dow's overall gain. Volume for Caterpillar currently sits at 357,178 shares traded vs. an average daily trading volume of 6.7 million shares.

Caterpillar has a market cap of $56.12 billion and is part of the industrial goods sector and industrial industry. Shares are down 5.2% year to date as of Wednesday's close. The stock's dividend yield sits at 2.8%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.

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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