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
Dow Jones Industrial Average
) is trading up 153 points (+0.9%) at 17,127 as of Thursday, Oct 30, 2014, 12:36 p.m. ET. During this time, 154.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 323.9 million. The NYSE advances/declines ratio sits at 1,757 issues advancing vs. 1,239 declining with 156 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.
Holding back the Dow today is
), which is lagging the broader Dow index with a 15-cent decline (-0.6%) bringing the stock to $23.95. Volume for Cisco Systems currently sits at 18.1 million shares traded vs. an average daily trading volume of 26.6 million shares.
Cisco Systems has a market cap of $123.22 billion and is part of the technology sector and computer hardware industry. Shares are up 7.5% year-to-date as of Wednesday's close. The stock's dividend yield sits at 3.2%.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
TheStreet Ratings rates Cisco Systems as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Cisco Systems Ratings Report.