Dow Jones Industrial Average
) closed down 33 points (-0.3%) at 12,675. During the day, 678.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 827.9 million. The NYSE advances/declines ratio closed at 1,618 issues advancing vs. 1,380 declining with 103 unchanged.
The Dow component that led the way higher today was
), which sported a $1.95 gain (+1%) bringing the stock to $191.93. Volume for International Business Machines ended the day at 5.3 million shares traded vs. an average daily trading volume of 5.1 million shares.
International Business Machines has a market cap of $222.19 billion and is part of the
industry. Shares are up 3.3% year to date as of Monday's close. The stock's dividend yield sits at 1.6%.
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. The company has a P/E ratio of 14, below the average computer hardware industry P/E ratio of 14.9 and 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 solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full International Business Machines Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a 63-cent decline (-0.9%) bringing the stock to $67.90. This single loss lowered the Dow Jones Industrial Average by 4.77 points or roughly accounting for 14.5% of the Dow's overall loss. Volume for Coca-Cola ended the day at 7.3 million shares traded vs. an average daily trading volume of 7.8 million shares.
Coca-Cola has a market cap of $154.65 billion and is part of the
industry. Shares are down 2.1% year to date as of Monday's close. The stock's dividend yield sits at 2.8%.
The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverages worldwide. It principally offers sparkling and still beverages. The company has a P/E ratio of 12.5, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Coca-Cola as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, reasonable valuation levels and good cash flow from operations. 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 Coca-Cola Ratings Report.