Dow Today: Boeing (BA) Leads The Day Higher, Chevron (CVX) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 24.0 points (-0.1%) at 16,130. During the day, 366.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379 million. The NYSE advances/declines ratio closed at 2,026 issues advancing vs. 1,000 declining with 144 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a 47-cent gain (+0.4%) bringing the stock to $130.63. Volume for Boeing ended the day at 4.6 million shares traded vs. an average daily trading volume of 5.1 million shares.

Boeing has a market cap of $97.81 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 4.6% 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.

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, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with a 77-cent decline (-0.7%) bringing the stock to $112.71. This single loss lowered the Dow Jones Industrial Average by 5.83 points or roughly accounting for 24.3% of the Dow's overall loss. Volume for Chevron ended the day at 6.1 million shares traded vs. an average daily trading volume of six million shares.

Chevron has a market cap of $218.24 billion and is part of the basic materials sector and energy industry. Shares are down 9.2% year to date as of Friday's close. The stock's dividend yield sits at 3.5%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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