Dow Today: Boeing (BA) Leads The Day Higher, Chevron (CVX) 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 17,127 as of Monday, Sep 8, 2014, 9:36 a.m. ET. During this time, 13.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 296.6 million. The NYSE advances/declines ratio sits at 1,203 issues advancing vs. 1,437 declining with 296 unchanged.
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The Dow component leading the way higher looks to be Boeing (NYSE: BA), which is sporting a $1.90 gain (+1.5%) bringing the stock to $126.59. Volume for Boeing currently sits at 493,033 shares traded vs. an average daily trading volume of 4.3 million shares.

Boeing has a market cap of $90.41 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 8.7% 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 increase in stock price during the past year, 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.

Holding back the Dow today is Chevron (NYSE: CVX), which is lagging the broader Dow index with a $1.14 decline (-0.9%) bringing the stock to $126.26. This single loss is lowering the Dow Jones Industrial Average by 8.63 points or roughly accounting for 86.3% of the Dow's overall loss. Volume for Chevron currently sits at 177,789 shares traded vs. an average daily trading volume of 5.2 million shares.

Chevron has a market cap of $240.78 billion and is part of the basic materials sector and energy industry. Shares are up 2% year-to-date as of Friday's close. The stock's dividend yield sits at 3.4%.

Chevron Corporation, through its subsidiaries, is engaged in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, increase in net income 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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