This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Dow Today: International Business Machines (IBM) Leads The Day Higher, Exxon Mobil Corporation (XOM) Lags

The Dow Jones Industrial Average ( ^DJI) closed up 114 points (+0.9%) at 13,204. During the day, 553 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 751.5 million. The NYSE advances/declines ratio closed at 2,048 issues advancing vs. 953 declining with 122 unchanged.

The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $2.01 gain (+1%) bringing the stock to $205.58. This single gain lifted the Dow Jones Industrial Average by 15.21 points or roughly accounting for 13.3% of the Dow's overall gain. Volume for International Business Machines ended the day at 3.2 million shares traded vs. an average daily trading volume of 4.2 million shares.

International Business Machines has a market cap of $231.73 billion and is part of the technology sector and computer hardware industry. Shares are up 8.8% year to date as of Wednesday's close. The stock's dividend yield sits at 1.5%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. The company has a P/E ratio of 15, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

Holding the Dow back today was Exxon Mobil Corporation (NYSE: XOM), which lagged the broader Dow index with a 73-cent decline (-0.8%) bringing the stock to $86.12. Volume for Exxon Mobil Corporation ended the day at 16.2 million shares traded vs. an average daily trading volume of 15.4 million shares.

Exxon Mobil Corporation has a market cap of $405.87 billion and is part of the basic materials sector and energy industry. Shares are up 1.8% year to date as of Wednesday's close. The stock's dividend yield sits at 2.2%.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company has a P/E ratio of 10.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Submit an article to us!
DOW 17,152.97 +21.00 0.12%
S&P 500 2,001.97 +2.99 0.15%
NASDAQ 4,559.4830 +6.7240 0.15%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs