Dow Jones Industrial Average
) closed up 126 points (+1%) at 12,580. During the day, 556.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 728.1 million. The NYSE advances/declines ratio closed at 2,394 issues advancing vs. 635 declining with 82 unchanged.
The Dow component that led the way higher today was
), which sported a $2.16 gain (+1.1%) bringing the stock to $196.46. This single gain is lifting the Dow Jones Industrial Average by 16.35 points or roughly accounting for 13% of the Dow's overall gain. Volume for International Business Machines ended the day at 3.5 million shares traded vs. an average daily trading volume of four million shares.
International Business Machines has a market cap of $224.12 billion and is part of the
industry. Shares are up 5.7% year to date as of Friday's close. The stock's dividend yield sits at 1.7%.
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 14.5, 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 International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share 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 15-cent decline (-0.2%) bringing the stock to $81.93. Volume for Exxon Mobil Corporation ended the day at 15.6 million shares traded vs. an average daily trading volume of 15.1 million shares.
Exxon Mobil Corporation has a market cap of $383.82 billion and is part of the
industry. Shares are down 3.2% year to date as of Friday's close. The stock's dividend yield sits at 2.8%.
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company has a P/E ratio of 9.9, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Exxon Mobil Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Exxon Mobil Ratings Report.