Dow Today: Boeing (BA) 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 22.0 points (-0.1%) at 15,972 as of Wednesday, Feb 12, 2014, 1:35 p.m. ET. During this time, 187.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379 million. The NYSE advances/declines ratio sits at 1,811 issues advancing vs. 1,185 declining with 128 unchanged.
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Holding back the Dow today is Boeing (NYSE: BA), which is lagging the broader Dow index with an 87-cent decline (-0.7%) bringing the stock to $128.56. This single loss is lowering the Dow Jones Industrial Average by 6.58 points or roughly accounting for 29.9% of the Dow's overall loss. Volume for Boeing currently sits at 3.5 million shares traded vs. an average daily trading volume of 5.1 million shares.

Boeing has a market cap of $95.55 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 4.6% year to date as of Tuesday's close. The stock's dividend yield sits at 2.3%.

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.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

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