Dow Jones (DJIA) Today: Procter & Gamble (PG) Leads The Day Higher, International Business Machines (IBM) 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..

The Dow Jones Industrial Average ( ^DJI) closed down 87.0 points (-0.5%) at 17,841. During the day, 350.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 370.5 million. The NYSE advances/declines ratio closed at 1,010 issues advancing vs. 2,103 declining with 101 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 that led the way higher today was Procter & Gamble (NYSE: PG), which sported a 33-cent gain (+0.4%) bringing the stock to $80.40. Volume for Procter & Gamble ended the day at 7.3 million shares traded vs. an average daily trading volume of 8.4 million shares.

Procter & Gamble has a market cap of $217.99 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 11.8% year-to-date as of Tuesday'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, 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 expanding profit margins, 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 sub par growth in net income.

Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $1.73 decline (-1%) bringing the stock to $170.05. This single loss lowered the Dow Jones Industrial Average by 13.09 points or roughly accounting for 15% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.6 million shares traded vs. an average daily trading volume of 4.4 million shares.

International Business Machines has a market cap of $171.31 billion and is part of the technology sector and computer software & services industry. Shares are up 8.4% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3%.

International Business Machines Corporation provides information technology (IT) products and services worldwide.

TheStreet Ratings rates International Business Machines as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally higher debt management risk.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE..

More from Markets

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks

Stocks Trade Mixed Amid Progress on U.S.-China Trade; Dow Turns Lower

Stocks Trade Mixed Amid Progress on U.S.-China Trade; Dow Turns Lower