Dow Today: Procter & Gamble (PG) Leads The Day Higher, JPMorgan Chase (JPM) 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 10.0 points at 16,553 as of Friday, Aug 1, 2014, 9:36 a.m. ET. During this time, 24 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.2 million. The NYSE advances/declines ratio sits at 1,556 issues advancing vs. 1,190 declining with 238 unchanged.
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The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a $2.18 gain (+2.8%) bringing the stock to $79.50. Volume for Procter & Gamble currently sits at 1.7 million shares traded vs. an average daily trading volume of 7.1 million shares.

Procter & Gamble has a market cap of $211.5 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 5% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.3%.

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 increase in net income, good cash flow from operations, growth in earnings per share, 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 lackluster performance in the stock itself.

Holding back the Dow today is JPMorgan Chase (NYSE: JPM), which is lagging the broader Dow index with a 48-cent decline (-0.8%) bringing the stock to $57.20. This single loss is lowering the Dow Jones Industrial Average by 3.63 points or roughly accounting for 36.3% of the Dow's overall loss. Volume for JPMorgan Chase currently sits at 1.1 million shares traded vs. an average daily trading volume of 14 million shares.

JPMorgan Chase has a market cap of $222.96 billion and is part of the financial sector and banking industry. Shares are down 1.4% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.7%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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