Dow Today: Procter & Gamble (PG) Higher

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) is trading up 28 points (+0.2%) at 16,092 as of Monday, Nov 25, 2013, 12:35 p.m. ET. During this time, 150.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 378.9 million. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,462 declining with 134 unchanged.
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The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a 56-cent gain (+0.7%) bringing the stock to $85.52. This single gain is lifting the Dow Jones Industrial Average by 4.31 points or roughly accounting for 15.4% of the Dow's overall gain. Volume for Procter & Gamble currently sits at 4.9 million shares traded vs. an average daily trading volume of 7.8 million shares.

Procter & Gamble has a market cap of $230.15 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 25.1% year to date as of Friday's close. The stock's dividend yield sits at 2.8%.

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. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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