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

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The Dow Jones Industrial Average ( ^DJI) closed up 97 points (+0.7%) at 14,930. During the day, 549.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 535.7 million. The NYSE advances/declines ratio closed at 2,141 issues advancing vs. 861 declining with 107 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a $1.36 gain (+1.3%) bringing the stock to $106.37. This single gain lifted the Dow Jones Industrial Average by 10.29 points or roughly accounting for 10.6% of the Dow's overall gain. Volume for Boeing ended the day at 3.8 million shares traded vs. an average daily trading volume of 5.2 million shares.

Boeing has a market cap of $78.4 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 39.3% year to date as of Tuesday'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.

Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with an 83-cent decline (-0.5%) bringing the stock to $183.13. Volume for International Business Machines ended the day at 2.6 million shares traded vs. an average daily trading volume of 3.8 million shares.

International Business Machines has a market cap of $199.66 billion and is part of the technology sector and computer software & services industry. Shares are down 4% year to date as of Tuesday's close. The stock's dividend yield sits at 2.1%.

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.

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