Dow Jones (DJIA) Today: Intel (INTC) Lower
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
) is trading down 245.0 points (-1.4%) at 17,750 as of Tuesday, Mar 10, 2015, 11:36 a.m. ET. During this time, 126.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.5 million. The NYSE advances/declines ratio sits at 832 issues advancing vs. 2,173 declining with 126 unchanged.
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Holding back the Dow today is
(Nasdaq:
), which is lagging the broader Dow index with a 57-cent decline (-1.8%) bringing the stock to $32.14. This single loss is lowering the Dow Jones Industrial Average by 4.39 points or roughly accounting for 1.8% of the Dow's overall loss. Volume for Intel currently sits at 18.2 million shares traded vs. an average daily trading volume of 28.5 million shares.
Intel has a market cap of $157.19 billion and is part of the technology sector and electronics industry. Shares are down 9.8% year-to-date as of Monday's close. The stock's dividend yield sits at 2.9%.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
TheStreet Ratings rates Intel as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Intel Ratings Report.
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