Dow Today: Procter & Gamble (PG) 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 30.0 points (-0.2%) at 14,810. During the day, 458.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 538.4 million. The NYSE advances/declines ratio closed at 861 issues advancing vs. 2,113 declining with 102 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 Procter & Gamble (NYSE: PG), which sported a 57-cent gain (+0.8%) bringing the stock to $77.89. Volume for Procter & Gamble ended the day at 8.8 million shares traded vs. an average daily trading volume of 8.1 million shares.

Procter & Gamble has a market cap of $210.44 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 13.9% 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, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. 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 $1.01 decline (-1%) bringing the stock to $103.92. This single loss lowered the Dow Jones Industrial Average by 7.64 points or roughly accounting for 25.5% of the Dow's overall loss. Volume for Boeing ended the day at 2.7 million shares traded vs. an average daily trading volume of 5.3 million shares.

Boeing has a market cap of $77.91 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 39.2% year to date as of Thursday's close. The stock's dividend yield sits at 1.9%.

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

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Nelson Peltz Gets Major Boost in Battle to Gain Seat on Procter & Gamble's Board

Procter & Gamble CEO Explains Why Activist Peltz Isn't Good for Its Board

P&G CEO David Taylor: Peltz Is Using Outdated Information

Cramer: Food Stocks Are Going Hungry