Dow Jones (DJIA) Today: Caterpillar (CAT) 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) is trading down 23.0 points (-0.1%) at 17,743 as of Tuesday, Jun 9, 2015, 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 359.6 million. The NYSE advances/declines ratio sits at 1,166 issues advancing vs. 1,506 declining with 282 unchanged.
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The Dow component leading the way higher looks to be Caterpillar (NYSE: CAT), which is sporting a $1.12 gain (+1.3%) bringing the stock to $87.27. Volume for Caterpillar currently sits at 204,631 shares traded vs. an average daily trading volume of 5.2 million shares.

Caterpillar has a market cap of $51.95 billion and is part of the industrial goods sector and industrial industry. Shares are down 6% year-to-date as of Monday'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.

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