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Dow Jones Industrial Average



) is trading down 131.0 points (-1%) at 12,496 as of Thursday, Jun 28, 2012, 11:35 a.m. ET. During this time, 231.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 704.6 million. The NYSE advances/declines ratio sits at 828 issues advancing vs. 2,069 declining with 127 unchanged.

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Holding back the Dow today is

Cisco Systems



), which is lagging the broader Dow index with a 28-cent decline (-1.7%) bringing the stock to $16.44. This single loss is lowering the Dow Jones Industrial Average by 2.19 points or roughly accounting for 1.7% of the Dow's overall loss. Volume for Cisco Systems currently sits at 26.7 million shares traded vs. an average daily trading volume of 44.1 million shares.

TheStreet Recommends

Cisco Systems has a market cap of $90.08 billion and is part of the


sector and

computer hardware

industry. Shares are down 7% year to date as of Wednesday's close. The stock's dividend yield sits at 1.9%.

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 12.4, 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 Cisco Systems as a


. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.