Dow Jones (DJIA) Today: International Business Machines (IBM) Leads The Day Higher, Exxon Mobil Corporation (XOM) Lags
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
.
The
Dow Jones Industrial Average
(
^DJI
) closed up 139 points (+0.8%) at 17,995. During the day, 312.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.2 million. The NYSE advances/declines ratio closed at 1,624 issues advancing vs. 1,454 declining with 140 unchanged.
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The Dow component that led the way higher today was
International Business Machines
(NYSE:
), which sported a $2.27 gain (+1.4%) bringing the stock to $160.77. This single gain lifted the Dow Jones Industrial Average by 17.18 points or roughly accounting for 12.4% of the Dow's overall gain. Volume for International Business Machines ended the day at 5.2 million shares traded vs. an average daily trading volume of 4.9 million shares.
International Business Machines has a market cap of $159.31 billion and is part of the technology sector and computer software & services industry. Shares are down 1.2% year-to-date as of Friday's close. The stock's dividend yield sits at 2.7%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk.
- You can view the full International Business Machines Ratings Report.
Holding the Dow back today was
(NYSE:
), which lagged the broader Dow index with a 47-cent decline (-0.6%) bringing the stock to $85.16. Volume for Exxon Mobil Corporation ended the day at 14.2 million shares traded vs. an average daily trading volume of 16.1 million shares.
Exxon Mobil Corporation has a market cap of $363.85 billion and is part of the basic materials sector and energy industry. Shares are down 7.4% year-to-date as of Friday's close. The stock's dividend yield sits at 3.2%.
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania.
TheStreet Ratings rates Exxon Mobil Corporation as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and disappointing return on equity.
- You can view the full Exxon Mobil Ratings Report.
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