Dow Today: Johnson & Johnson (JNJ) Leads The Day Higher, Boeing (BA) 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 36.0 points (-0.2%) at 16,815 as of Monday, Jun 30, 2014, 9:36 a.m. ET. During this time, 14.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 325.9 million. The NYSE advances/declines ratio sits at 1,104 issues advancing vs. 1,636 declining with 250 unchanged.
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The Dow component leading the way higher looks to be Johnson & Johnson (NYSE: JNJ), which is sporting a 66-cent gain (+0.6%) bringing the stock to $105.65. Volume for Johnson & Johnson currently sits at 376,333 shares traded vs. an average daily trading volume of 6.8 million shares.

Johnson & Johnson has a market cap of $298.89 billion and is part of the health care sector and drugs industry. Shares are up 14.6% year-to-date as of Friday's close. The stock's dividend yield sits at 2.6%.

Johnson & Johnson, together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics.

TheStreet Ratings rates Johnson & Johnson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding back the Dow today is Boeing (NYSE: BA), which is lagging the broader Dow index with a $1.96 decline (-1.5%) bringing the stock to $126.58. This single loss is lowering the Dow Jones Industrial Average by 14.83 points or roughly accounting for 41.2% of the Dow's overall loss. Volume for Boeing currently sits at 470,056 shares traded vs. an average daily trading volume of 3.4 million shares.

Boeing has a market cap of $93.36 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 5.8% year-to-date as of Friday'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 revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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