The Dow Jones Industrial Average ( ^DJI) closed down 203.0 points (-1.6%) at 12,759. During the day, 755.4 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 closed at 262 issues advancing vs. 2,772 declining with 60 unchanged. The Dow component that led the way higher today was Intel (Nasdaq: INTC), which sported a six-cent gain (+0.2%) bringing the stock to $26.60. Volume for Intel ended the day at 36.8 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 technology sector and electronics industry. Shares are up 9.4% year to date as of Monday's close. The stock's dividend yield sits at 3.1%. Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. The company has a P/E ratio of 11.3, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Intel as a buy. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Intel Ratings Report.
- You can view the full International Business Machines Ratings Report.