Dow Jones (DJIA) Today: Caterpillar (CAT) Leads The Day Higher, 3M (MMM) 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 56.0 points (-0.3%) at 17,849. During the day, 329.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 359.8 million. The NYSE advances/declines ratio closed at 1,433 issues advancing vs. 1,645 declining with 123 unchanged.
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The Dow component that led the way higher today was Caterpillar (NYSE: CAT), which sported a 57-cent gain (+0.7%) bringing the stock to $86.05. Volume for Caterpillar ended the day at 3.9 million shares traded vs. an average daily trading volume of 5.2 million shares.

Caterpillar has a market cap of $52.06 billion and is part of the industrial goods sector and industrial industry. Shares are down 6.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.3%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, notable return on equity, attractive valuation levels, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding the Dow back today was 3M (NYSE: MMM), which lagged the broader Dow index with a $1.27 decline (-0.8%) bringing the stock to $157.08. This single loss is lowering the Dow Jones Industrial Average by 9.61 points or roughly accounting for 17.2% of the Dow's overall loss. Volume for 3M ended the day at 2.3 million shares traded vs. an average daily trading volume of 2.3 million shares.

3M has a market cap of $101.6 billion and is part of the industrial goods sector and industrial industry. Shares are down 3.6% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.6%.

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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

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