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
) is trading down 90.0 points (-0.6%) at 14,421 as of Thursday, Mar 21, 2013, 4:02 p.m. ET. During this time, 561.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 607.4 million. The NYSE advances/declines ratio sits at 1,049 issues advancing vs. 1,944 declining with 112 unchanged.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Holding back the Dow today is
), which is lagging the broader Dow index with an 83-cent decline (-3.8%) bringing the stock to $20.84. This single loss is lowering the Dow Jones Industrial Average by 6.28 points or roughly accounting for 7% of the Dow's overall loss. Volume for Cisco Systems currently sits at 63.9 million shares traded vs. an average daily trading volume of 34.9 million shares.
Cisco Systems has a market cap of $115.54 billion and is part of the technology sector and computer hardware industry. Shares are up 9.5% year to date as of Wednesday's close. The stock's dividend yield sits at 2.6%.
Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. The company has a P/E ratio of 12.5, 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 impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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.
- You can view the full Cisco Systems Ratings Report.
It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE