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 up 47 points (+0.3%) at 17,026 as of Thursday, Aug 21, 2014, 9:36 a.m. ET. During this time, 10.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 302.5 million. The NYSE advances/declines ratio sits at 1,443 issues advancing vs. 1,244 declining with 272 unchanged.
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The Dow component leading the way higher looks to be Johnson & Johnson (NYSE: JNJ), which is sporting a 67-cent gain (+0.7%) bringing the stock to $103.88. This single gain is lifting the Dow Jones Industrial Average by 5.07 points or roughly accounting for 10.8% of the Dow's overall gain. Volume for Johnson & Johnson currently sits at 374,841 shares traded vs. an average daily trading volume of 6.2 million shares.

Johnson & Johnson has a market cap of $290.38 billion and is part of the health care sector and drugs industry. Shares are up 12.7% year-to-date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

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, growth in earnings per share and increase 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 47-cent decline (-0.4%) bringing the stock to $126.88. Volume for Boeing currently sits at 140,417 shares traded vs. an average daily trading volume of 4.3 million shares.

Boeing has a market cap of $90.49 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 6.7% 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

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