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 down 60.0 points (-0.4%) at 15,391 as of Monday, Sep 23, 2013, 11:35 a.m. ET. During this time, 212.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 495.2 million. The NYSE advances/declines ratio sits at 1,091 issues advancing vs. 1,806 declining with 99 unchanged.
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Holding back the Dow today is
), which is lagging the broader Dow index with a 36-cent decline (-1.1%) bringing the stock to $33.95. This single loss is lowering the Dow Jones Industrial Average by 2.72 points or roughly accounting for 4.5% of the Dow's overall loss. Volume for AT&T currently sits at 12.8 million shares traded vs. an average daily trading volume of 21 million shares.
AT&T has a market cap of $184.88 billion and is part of the technology sector and telecommunications industry. Shares are up 1.8% year to date as of Friday's close. The stock's dividend yield sits at 5.2%.
AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other.
TheStreet Ratings rates AT&T as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full AT&T Ratings Report.