Dow Today: United Technologies (UTX) Leads The Day Higher, Boeing (BA) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 90.0 points (-0.6%) at 16,040. During the day, 360.1 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 1,087 issues advancing vs. 1,960 declining with 132 unchanged.
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The Dow component that led the way higher today was United Technologies (NYSE: UTX), which sported a 30-cent gain (+0.3%) bringing the stock to $114.04. Volume for United Technologies ended the day at 4.2 million shares traded vs. an average daily trading volume of 3.2 million shares.

United Technologies has a market cap of $104.22 billion and is part of the industrial goods sector and industrial industry. Shares are up 0.1% 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.

Holding the Dow back today was Boeing (NYSE: BA), which lagged the broader Dow index with a $2.24 decline (-1.7%) bringing the stock to $128.39. This single loss is lowering the Dow Jones Industrial Average by 16.95 points or roughly accounting for 18.8% of the Dow's overall loss. Volume for Boeing ended the day at 5.1 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 Tuesday'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.

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