Dow Today: Intel (INTC) Higher
The
Dow Jones Industrial Average
(
^DJI
) is trading up 29 points (+0.2%) at 12,933 as of Friday, Feb 17, 2012, 10:35 a.m. ET. During this time, 330.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,156 declining with 159 unchanged.
The Dow component leading the way higher looks to be
(Nasdaq:
), which is sporting a 44-cent gain (+1.7%) bringing the stock to $27.27. This single gain is lifting the Dow Jones Industrial Average by 3.33 points or roughly accounting for 11.5% of the Dow's overall gain. Volume for Intel currently sits at 25.4 million shares traded vs. an average daily trading volume of 51.9 million shares.
Intel has a market cap of $136.95 billion and is part of the
sector and
industry. Shares are up 10.6% year to date as of Thursday's close. The stock's dividend yield sits at 3.2%.
Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. The company has a P/E ratio of 10.5, below the average electronics industry P/E ratio of 11.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Intel as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. 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 Intel Ratings Report.
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