Dow Today: Procter & Gamble (PG) Higher

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 up 46 points (+0.3%) at 16,599 as of Monday, Aug 11, 2014, 10:36 a.m. ET. During this time, 55.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 306.6 million. The NYSE advances/declines ratio sits at 2,385 issues advancing vs. 494 declining with 171 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a 59-cent gain (+0.7%) bringing the stock to $81.54. This single gain is lifting the Dow Jones Industrial Average by 4.47 points or roughly accounting for 9.7% of the Dow's overall gain. Volume for Procter & Gamble currently sits at 2.4 million shares traded vs. an average daily trading volume of 7.7 million shares.

Procter & Gamble has a market cap of $216.86 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 0.6% year-to-date as of Friday'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 growth in earnings per share, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

null

More from Markets

China-Focus Stocks Hit Hard as Beijing Vows 'Qualitative' Reply to Trump Tariffs

China-Focus Stocks Hit Hard as Beijing Vows 'Qualitative' Reply to Trump Tariffs

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene