The Dow Jones Industrial Average ( ^DJI) is trading down 46.0 points (-0.4%) at 12,992 as of Monday, May 7, 2012, 9:35 a.m. ET. During this time, 38.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 733.1 million. The NYSE advances/declines ratio sits at 1,122 issues advancing vs. 1,536 declining with 196 unchanged. The Dow component leading the way higher looks to be Walt Disney (NYSE: DIS), which is sporting a 46-cent gain (+1.1%) bringing the stock to $43.39. Volume for Walt Disney currently sits at 562,896 shares traded vs. an average daily trading volume of 8.5 million shares. Walt Disney has a market cap of $78.52 billion and is part of the services sector and media industry. Shares are up 14.5% year to date as of Friday's close. The stock's dividend yield sits at 1.4%. The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 16.6, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
Holding back the Dow today is Microsoft Corporation (Nasdaq: MSFT), which is lagging the broader Dow index with a 36-cent decline (-1.2%) bringing the stock to $30.62. This single loss is lowering the Dow Jones Industrial Average by 2.72 points or roughly accounting for 5.9% of the Dow's overall loss. Volume for Microsoft Corporation currently sits at 1.8 million shares traded vs. an average daily trading volume of 45.5 million shares.
Microsoft Corporation has a market cap of $266.81 billion and is part of the technology sector and computer software & services industry. Shares are up 19.3% year to date as of Friday's close. The stock's dividend yield sits at 2.5%. Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. The company has a P/E ratio of 11.6, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Microsoft Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.