Dow Today: Procter & Gamble (PG) Leads The Day Higher, Caterpillar (CAT) Lags

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 2.0 points at 16,904 as of Thursday, Jun 19, 2014, 9:36 a.m. ET. During this time, 11.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 334 million. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 810 declining with 244 unchanged.
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The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a 50-cent gain (+0.6%) bringing the stock to $80.29. Volume for Procter & Gamble currently sits at 760,070 shares traded vs. an average daily trading volume of 7.4 million shares.

Procter & Gamble has a market cap of $215.34 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 2% year-to-date as of Wednesday's close. The stock's dividend yield sits at 3.2%.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Holding back the Dow today is Caterpillar (NYSE: CAT), which is lagging the broader Dow index with a 42-cent decline (-0.4%) bringing the stock to $107.06. This single loss is lowering the Dow Jones Industrial Average by 3.18 points or roughly accounting for 159% of the Dow's overall loss. Volume for Caterpillar currently sits at 127,569 shares traded vs. an average daily trading volume of 4.6 million shares.

Caterpillar has a market cap of $66.72 billion and is part of the industrial goods sector and industrial industry. Shares are up 18.4% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.6%.

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 revenue growth, reasonable valuation levels, good cash flow from operations, solid stock price performance and growth in earnings per share. 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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