The Dow Jones Industrial Average (^DJI) is trading down 158.0 points (-1.2%) at 13,048 as of Friday, May 4, 2012, 11:35 a.m. ET. During this time, 255.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 735.7 million. The NYSE advances/declines ratio sits at 587 issues advancing vs. 2,321 declining with 114 unchanged. Holding back the Dow today is Microsoft Corporation (Nasdaq:MSFT), which is lagging the broader Dow index with a 56-cent decline (-1.8%) bringing the stock to $31.19. This single loss is lowering the Dow Jones Industrial Average by 4.31 points or roughly accounting for 2.7% of the Dow's overall loss. Volume for Microsoft Corporation currently sits at 21.3 million shares traded vs. an average daily trading volume of 45.7 million shares. Microsoft Corporation has a market cap of $267.15 billion and is part of the technology sector and computer software & services industry. Shares are up 22.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.5%. Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. The company has a P/E ratio of 11.6, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Microsoft Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Microsoft Ratings Report.
Latest Headlines about ^DJI
Latest from TheStreet Wire
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV