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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

.

The

Dow Jones Industrial Average

(

^DJI

) is trading up 70 points (+0.5%) at 13,070 as of Friday, Aug 31, 2012, 1:34 p.m. ET. During this time, 269.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 606.1 million. The NYSE advances/declines ratio sits at 1,838 issues advancing vs. 1,042 declining with 139 unchanged.

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The Dow component leading the way higher looks to be

Cisco Systems

(Nasdaq:

CSCO

), which is sporting a 14-cent gain (+0.7%) bringing the stock to $19.04. This single gain is lifting the Dow Jones Industrial Average by 1.06 points or roughly accounting for 1.5% of the Dow's overall gain. Volume for Cisco Systems currently sits at 24.2 million shares traded vs. an average daily trading volume of 41.4 million shares.

TheStreet Recommends

Cisco Systems has a market cap of $102.85 billion and is part of the

technology

sector and

computer hardware

industry. Shares are up 6.2% year to date as of Thursday's close. The stock's dividend yield sits at 2.9%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. The company has a P/E ratio of 12.9, 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 Cisco Systems as a

buy

. 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 notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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