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

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The Dow Jones Industrial Average ( ^DJI) closed up 73 points (+0.5%) at 16,294. During the day, 289.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.4 million. The NYSE advances/declines ratio closed at 2,178 issues advancing vs. 892 declining with 98 unchanged.
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The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $2.21 gain (+1.2%) bringing the stock to $182.23. This single gain lifted the Dow Jones Industrial Average by 16.73 points or roughly accounting for 22.9% of the Dow's overall gain. Volume for International Business Machines ended the day at 4.1 million shares traded vs. an average daily trading volume of 5.1 million shares.

International Business Machines has a market cap of $195.69 billion and is part of the technology sector and computer software & services industry. Shares are down 6% year to date as of Friday'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 has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding the Dow back today was Boeing (NYSE: BA), which lagged the broader Dow index with a 27-cent decline (-0.2%) bringing the stock to $136.40. Volume for Boeing ended the day at 2.9 million shares traded vs. an average daily trading volume of 4.4 million shares.

Boeing has a market cap of $101.57 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 81.4% year to date as of Friday's close. The stock's dividend yield sits at 2.2%.

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 24, 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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