Dow Today: Caterpillar (CAT) Lower

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 55 points (+0.3%) at 16,412 as of Thursday, Dec 26, 2013, 10:35 a.m. ET. During this time, 42.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 373.3 million. The NYSE advances/declines ratio sits at 1,821 issues advancing vs. 1,040 declining with 200 unchanged.
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Holding back the Dow today is Caterpillar (NYSE: CAT), which is lagging the broader Dow index with an 11-cent decline (-0.1%) bringing the stock to $90.80. Volume for Caterpillar currently sits at 990,933 shares traded vs. an average daily trading volume of 5.1 million shares.

Caterpillar has a market cap of $57.85 billion and is part of the industrial goods sector and industrial industry. Shares are up 1.4% year to date as of Tuesday's close. The stock's dividend yield sits at 2.6%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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