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
) closed up 24 points (+0.2%) at 14,700. During the day, 641.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 600.4 million. The NYSE advances/declines ratio closed at 1,945 issues advancing vs. 1,041 declining with 129 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 that led the way higher today was
), which sported a $2.24 gain (+1.2%) bringing the stock to $193.95. This single gain is lifting the Dow Jones Industrial Average by 16.95 points or roughly accounting for 70.6% of the Dow's overall gain. Volume for International Business Machines ended the day at 4.6 million shares traded vs. an average daily trading volume of 3.9 million shares.
International Business Machines has a market cap of $213.55 billion and is part of the technology sector and computer hardware industry. Shares are up 0.1% year to date as of Wednesday'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 13.1, 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full International Business Machines Ratings Report.
Holding the Dow back today was
), which lagged the broader Dow index with a $1.36 decline (-1.5%) bringing the stock to $88.07. Volume for Exxon Mobil Corporation ended the day at 15.9 million shares traded vs. an average daily trading volume of 13.1 million shares.
Exxon Mobil Corporation has a market cap of $399.21 billion and is part of the basic materials sector and energy industry. Shares are up 3.3% year to date as of Wednesday's close. The stock's dividend yield sits at 2.6%.
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. The company has a P/E ratio of 9.2, 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 increase in net income, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Exxon Mobil Ratings Report.
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