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Dow Today: Home Depot (HD) Leads The Day Higher, International Business Machines (IBM) 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) closed up four points at 13,025. During the day, 585.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 628.5 million. The NYSE advances/declines ratio closed at 1,639 issues advancing vs. 1,344 declining with 133 unchanged.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component that led the way higher today was Home Depot (NYSE: HD), which sported an 83-cent gain (+1.3%) bringing the stock to $65.07. This single gain lifted the Dow Jones Industrial Average by 6.28 points or roughly accounting for 157% of the Dow's overall gain. Volume for Home Depot ended the day at 8.2 million shares traded vs. an average daily trading volume of 8.5 million shares.

Home Depot has a market cap of $96.93 billion and is part of the services sector and retail industry. Shares are up 52.8% year to date as of Thursday's close. The stock's dividend yield sits at 1.8%.

The Home Depot, Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell building materials, and home improvement and lawn and garden products to do-it-yourself, do-it-for-me (at D-I-F-M), and professional customers. The company has a P/E ratio of 23, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Depot 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, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $1.46 decline (-0.8%) bringing the stock to $190.07. Volume for International Business Machines ended the day at 4.4 million shares traded vs. an average daily trading volume of 4.2 million shares.

International Business Machines has a market cap of $216.92 billion and is part of the technology sector and computer hardware industry. Shares are up 4.2% year to date as of Thursday's close. The stock's dividend yield sits at 1.8%.

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 13.9, 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 notable return on equity, growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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