Dow Today: Boeing (BA) Leads The Day Higher, Caterpillar (CAT) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 74 points (+0.5%) at 16,272. During the day, 433.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 399.9 million. The NYSE advances/declines ratio closed at 2,042 issues advancing vs. 977 declining with 139 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a $1.95 gain (+1.5%) bringing the stock to $128.56. This single gain is lifting the Dow Jones Industrial Average by 14.76 points or roughly accounting for 19.9% of the Dow's overall gain. Volume for Boeing ended the day at 4.6 million shares traded vs. an average daily trading volume of 5.2 million shares.

Boeing has a market cap of $94.25 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 7.1% year to date as of Wednesday's close. The stock's dividend yield sits at 2.3%.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports 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 weak operating cash flow.

Holding the Dow back today was Caterpillar (NYSE: CAT), which lagged the broader Dow index with a 49-cent decline (-0.5%) bringing the stock to $96.71. Volume for Caterpillar ended the day at 3.4 million shares traded vs. an average daily trading volume of 6.1 million shares.

Caterpillar has a market cap of $62.44 billion and is part of the industrial goods sector and industrial industry. Shares are up 6.2% year to date as of Wednesday's close. The stock's dividend yield sits at 2.5%.

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 increase in net income, reasonable valuation levels, good cash flow from operations, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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