DJIA Winners: Boeing Leads These Stocks Higher
The Dow Jones Industrial Average (NYSEARCA:DIA) is down today by a mere 0.06% and stands at 11,898. The large stocks below are among the positive performers today.
The Boeing Company (NYSE:BA): Lots of new orders means that Boeing is getting praised by many analysts, including Citigroup. General Electric (NYSE:GE) also caught over a billion dollars in benefits from Boeings record orders. The price target has been moved from $78 to $82. The shares recently traded at $66.81, up $0.47, or 0.71%. They have traded in a 52-week range of $56.01 to $80.65. Volume today was 1,977,246 shares versus a 3-month average volume of 5,956,030 shares. The company’s trailing P/E is 13.22, while trailing earnings are $5.05 per share.
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International Business Machines (NYSE:IBM): After getting a nice bounce from Warren Buffett’s announcement that he bought a large number of shares, IBM is back where it started. Many believe that Buffett is starting to lose his Midas touch. The shares recently traded at $187.53, up $0.91, or 0.49%. They have traded in a 52-week range of $141.28 to $190.53. Volume today was 1,924,031 shares versus a 3-month average volume of 6,472,720 shares. The company’s trailing P/E is 14.78, while trailing earnings are $12.69 per share.
Exxon Mobil (NYSE:XOM): Exxon (NYSE:XOM) is keen to drill oil in Kurdistan, but the Iraqi government in Baghdad is telling Exxon that such drilling may jeopardize contracts in Southern Iraq. However, Exxon (NYSE:XOM) may win out, as their involvement in Southern Iraq is crucial to any future venture’s success. The shares recently traded at $79.09, up $0.84, or 1.07%. They have traded in a 52-week range of $67.03 to $88.23. Volume today was 7,243,863 shares versus a 3-month average volume of 24,901,100 shares. The company’s trailing P/E is 9.55, while trailing earnings are $8.28 per share.
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