Dow Jones (DJIA) Today: Boeing (BA) Leads The Day Higher, Chevron (CVX) Lags

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The Dow Jones Industrial Average ( ^DJI) closed up 30 points (+0.2%) at 18,040. During the day, 323.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 358.9 million. The NYSE advances/declines ratio closed at 1,637 issues advancing vs. 1,427 declining with 154 unchanged.
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The Dow component that led the way higher today was Boeing (NYSE: BA), which sported a 73-cent gain (+0.5%) bringing the stock to $141.25. This single gain lifted the Dow Jones Industrial Average by 5.52 points or roughly accounting for 18.4% of the Dow's overall gain. Volume for Boeing ended the day at 3.9 million shares traded vs. an average daily trading volume of 3.9 million shares.

Boeing has a market cap of $98.42 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 8.1% year-to-date as of Friday's close. The stock's dividend yield sits at 2.6%.

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 revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and increase in stock price during the past year. We feel its strengths outweigh the fact that the company shows low profit margins.

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