Dow Today: Wal-Mart Stores (WMT) Leads The Day Higher, International Business Machines (IBM) Lags

The Dow Jones Industrial Average ( ^DJI) closed down 30.0 points (-0.2%) at 13,008. During the day, 572.8 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 closed at 1,624 issues advancing vs. 1,373 declining with 130 unchanged.

The Dow component that led the way higher today was Wal-Mart Stores (NYSE: WMT), which sported a 49-cent gain (+0.8%) bringing the stock to $59.19. Volume for Wal-Mart Stores ended the day at 8.6 million shares traded vs. an average daily trading volume of 10.2 million shares.

Wal-Mart Stores has a market cap of $200.61 billion and is part of the services sector and retail industry. Shares are down 1.8% year to date as of Friday's close. The stock's dividend yield sits at 2.7%.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam's Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com. The company has a P/E ratio of 13, below the average retail industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $1.24 decline (-0.6%) bringing the stock to $203.75. This single loss is lowering the Dow Jones Industrial Average by 9.38 points or roughly accounting for 31.3% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.3 million shares traded vs. an average daily trading volume of four million shares.

International Business Machines has a market cap of $239.05 billion and is part of the technology sector and computer hardware industry. Shares are up 11.5% year to date as of Friday's close. The stock's dividend yield sits at 1.6%.

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 15.5, 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 buy. 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 increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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