Dow Today: United Technologies (UTX) 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 down 9.0 points at 15,436 as of Wednesday, Feb 5, 2014, 12:35 p.m. ET. During this time, 228.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 374 million. The NYSE advances/declines ratio sits at 986 issues advancing vs. 1,958 declining with 147 unchanged.
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Holding back the Dow today is United Technologies (NYSE: UTX), which is lagging the broader Dow index with a 98-cent decline (-0.9%) bringing the stock to $108.12. This single loss is lowering the Dow Jones Industrial Average by 7.42 points or roughly accounting for 82.4% of the Dow's overall loss. Volume for United Technologies currently sits at 3.3 million shares traded vs. an average daily trading volume of three million shares.

United Technologies has a market cap of $101.08 billion and is part of the industrial goods sector and industrial industry. Shares are down 4.1% year to date as of Tuesday's close. The stock's dividend yield sits at 2.1%.

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 solid stock price performance, impressive record of earnings per share growth, revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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