Dow Today: Boeing (BA) 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 down 26.0 points (-0.2%) at 15,858 as of Tuesday, Dec 17, 2013, 10:35 a.m. ET. During this time, 77.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.2 million. The NYSE advances/declines ratio sits at 1,139 issues advancing vs. 1,721 declining with 203 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting a $2.11 gain (+1.6%) bringing the stock to $136.83. Volume for Boeing currently sits at 2.5 million shares traded vs. an average daily trading volume of 4.5 million shares.

Boeing has a market cap of $100.57 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 77.6% year to date as of Monday's close. The stock's dividend yield sits at 1.4%.

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. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7.

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.

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