Dow Jones (DJIA) Today: Procter & Gamble (PG) Higher

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 up 104 points (+0.6%) at 17,895 as of Tuesday, Jun 16, 2015, 12:36 p.m. ET. During this time, 122.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 351.5 million. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,197 declining with 176 unchanged.
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The Dow component leading the way higher looks to be Procter & Gamble (NYSE: PG), which is sporting a $1.02 gain (+1.3%) bringing the stock to $79.14. This single gain is lifting the Dow Jones Industrial Average by 7.72 points or roughly accounting for 7.4% of the Dow's overall gain. Volume for Procter & Gamble currently sits at four million shares traded vs. an average daily trading volume of 8.1 million shares.

Procter & Gamble has a market cap of $213.97 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 14.2% year-to-date as of Monday's close. The stock's dividend yield sits at 3.4%.

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 its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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