Dow Today: International Business Machines (IBM) Leads The Day Higher, Boeing (BA) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) closed down 6.0 points at 15,419. During the day, 359.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 570.7 million. The NYSE advances/declines ratio closed at 1,627 issues advancing vs. 1,382 declining with 106 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $1.27 gain (+0.7%) bringing the stock to $189.09. Volume for International Business Machines ended the day at three million shares traded vs. an average daily trading volume of four million shares.

International Business Machines has a market cap of $205.86 billion and is part of the technology sector and computer software & services industry. Shares are down 1.9% year to date as of Friday's close. The stock's dividend yield sits at 2%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was Boeing (NYSE: BA), which lagged the broader Dow index with a $1.09 decline (-1%) bringing the stock to $104.24. This single loss is lowering the Dow Jones Industrial Average by 8.25 points or roughly accounting for 137.5% of the Dow's overall loss. Volume for Boeing ended the day at 3.8 million shares traded vs. an average daily trading volume of 5.7 million shares.

Boeing has a market cap of $79.85 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 39.8% year to date as of Friday's close. The stock's dividend yield sits at 1.8%.

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.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null