Dow Today: United Technologies (UTX) Leads The Day Higher, Home Depot (HD) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 129 points (+0.8%) at 15,628. During the day, 472.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 584.9 million. The NYSE advances/declines ratio closed at 1,902 issues advancing vs. 1,155 declining with 69 unchanged.
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The Dow component that led the way higher today was United Technologies (NYSE: UTX), which sported a $1.61 gain (+1.5%) bringing the stock to $107.18. This single gain lifted the Dow Jones Industrial Average by 12.19 points or roughly accounting for 9.4% of the Dow's overall gain. Volume for United Technologies ended the day at three million shares traded vs. an average daily trading volume of 3.3 million shares.

United Technologies has a market cap of $96.86 billion and is part of the industrial goods sector and industrial industry. Shares are up 28.7% year to date as of Wednesday's close. The stock's dividend yield sits at 2%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was Home Depot (NYSE: HD), which lagged the broader Dow index with a 39-cent decline (-0.5%) bringing the stock to $78.64. Volume for Home Depot ended the day at 6.7 million shares traded vs. an average daily trading volume of 7.4 million shares.

Home Depot has a market cap of $114.82 billion and is part of the services sector and retail industry. Shares are up 27.8% year to date as of Wednesday's close. The stock's dividend yield sits at 2%.

The Home Depot, Inc. operates as a home improvement retailer.

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, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. 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.

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