Dow Today: Boeing (BA) Leads The Day Higher, Wal-Mart Stores (WMT) Lags
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
The Dow Jones Industrial Average (^DJI) is trading up 22 points (+0.2%) at 13,922 as of Wednesday, Feb 27, 2013, 9:35 a.m. ET. During this time, 17.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 627.3 million. The NYSE advances/declines ratio sits at 1,176 issues advancing vs. 1,239 declining with 210 unchanged.
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The Dow component leading the way higher looks to be Boeing (BA">BA) , which is sporting a 78-cent gain (+1%) bringing the stock to $76.43. This single gain is lifting the Dow Jones Industrial Average by 5.9 points or roughly accounting for 26.8% of the Dow's overall gain. Volume for Boeing currently sits at 192,564 shares traded vs. an average daily trading volume of 6.4 million shares.
Boeing has a market cap of $56.74 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 0.4% year to date as of Tuesday's close. The stock's dividend yield sits at 2.6%.
The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Boeing Ratings Report.
Holding back the Dow today is Wal-Mart Stores (WMT">WMT) , which is lagging the broader Dow index with a 39-cent decline (-0.6%) bringing the stock to $70.72. Volume for Wal-Mart Stores currently sits at 333,958 shares traded vs. an average daily trading volume of 9.1 million shares.
Wal-Mart Stores has a market cap of $235.64 billion and is part of the services sector and retail industry. Shares are up 4.2% year to date as of Tuesday's close. The stock's dividend yield sits at 2.7%.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam's Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com. The company has a P/E ratio of 14, below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Wal-Mart Stores Ratings Report.
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