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
Dow Jones Industrial Average
) closed down 22.0 points (-0.2%) at 13,102. During the day, 404.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 621.4 million. The NYSE advances/declines ratio closed at 1,661 issues advancing vs. 1,282 declining with 147 unchanged.
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The Dow component that led the way higher today was
), which sported a 62-cent gain (+0.6%) bringing the stock to $112.35. Volume for Chevron ended the day at 3.2 million shares traded vs. an average daily trading volume of 6.5 million shares.
Chevron has a market cap of $219.78 billion and is part of the
industry. Shares are up 5% year to date as of Monday's close. The stock's dividend yield sits at 3.2%.
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 8.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Chevron as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Chevron Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with an 82-cent decline (-0.4%) bringing the stock to $194.87. This single loss lowered the Dow Jones Industrial Average by 6.21 points or roughly accounting for 28.2% of the Dow's overall loss. Volume for International Business Machines ended the day at 2.5 million shares traded vs. an average daily trading volume of 3.8 million shares.
International Business Machines has a market cap of $226.01 billion and is part of the
industry. Shares are up 6.4% year to date as of Monday's close. The stock's dividend yield sits at 1.7%.
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 14.4, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full International Business Machines Ratings Report.