Skip to main content

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 up 65 points (+0.4%) at 14,777 as of Monday, Apr 29, 2013, 10:34 a.m. ET. During this time, 114.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 603.8 million. The NYSE advances/declines ratio sits at 2,060 issues advancing vs. 735 declining with 151 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.

The Dow component leading the way higher looks to be

International Business Machines



), which is sporting a $2.89 gain (+1.5%) bringing the stock to $197.20. This single gain is lifting the Dow Jones Industrial Average by 21.87 points or roughly accounting for 33.6% of the Dow's overall gain. Volume for International Business Machines currently sits at 1.5 million shares traded vs. an average daily trading volume of 3.9 million shares.

International Business Machines has a market cap of $216.16 billion and is part of the technology sector and computer hardware industry. Shares are up 1.4% year to date as of Friday's close. The stock's dividend yield sits at 1.8%.

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 13.3, 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 notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE