Dow Jones (DJIA) Today: 3M (MMM) Leads The Day Higher, Procter & Gamble (PG) 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) closed down 12.0 points at 17,900. During the day, 347.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 339.9 million. The NYSE advances/declines ratio closed at 1,123 issues advancing vs. 1,974 declining with 126 unchanged.
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The Dow component that led the way higher today was 3M (NYSE: MMM), which sported a $1.66 gain (+1%) bringing the stock to $162.26. Volume for 3M ended the day at three million shares traded vs. an average daily trading volume of 2.9 million shares.

3M has a market cap of $101.35 billion and is part of the industrial goods sector and industrial industry. Shares are up 14.5% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.2%.

3M Company operates as a diversified technology company worldwide.

TheStreet Ratings rates 3M as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding the Dow back today was Procter & Gamble (NYSE: PG), which lagged the broader Dow index with a $1.07 decline (-1.2%) bringing the stock to $90. This single loss lowered the Dow Jones Industrial Average by 8.1 points or roughly accounting for 67.5% of the Dow's overall loss. Volume for Procter & Gamble ended the day at 6.3 million shares traded vs. an average daily trading volume of 8.2 million shares.

Procter & Gamble has a market cap of $243.41 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.9% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.9%.

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, Feminine and Family Care.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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