Dow Today: United Technologies (UTX) Leads The Day Higher, JPMorgan Chase (JPM) 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 up 135 points (+0.9%) at 15,326. During the day, 416.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 521.1 million. The NYSE advances/declines ratio closed at 1,658 issues advancing vs. 1,340 declining with 109 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 United Technologies (NYSE: UTX), which sported a $1.57 gain (+1.5%) bringing the stock to $107.83. This single gain lifted the Dow Jones Industrial Average by 11.88 points or roughly accounting for 8.8% of the Dow's overall gain. Volume for United Technologies ended the day at 3.1 million shares traded vs. an average daily trading volume of three million shares.

United Technologies has a market cap of $95.86 billion and is part of the industrial goods sector and industrial industry. Shares are up 29.6% year to date as of Tuesday'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 has had somewhat disappointing return on equity.

Holding the Dow back today was JPMorgan Chase (NYSE: JPM), which lagged the broader Dow index with a 41-cent decline (-0.8%) bringing the stock to $53.26. Volume for JPMorgan Chase ended the day at 15.8 million shares traded vs. an average daily trading volume of 18.4 million shares.

JPMorgan Chase has a market cap of $198.98 billion and is part of the financial sector and banking industry. Shares are up 22.1% year to date as of Tuesday's close. The stock's dividend yield sits at 2.9%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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

Cramer: Under Trump, These Are Probably Done Deals

Cramer: Northrop-Orbital Deal Is Bigger Than Just the Synergies

S&P 500 and Dow Score Records With Wall Street Upbeat Ahead of Fed

Honeywell Relocating Global Retail HQ to Massachusetts