Dow Today: Cisco Systems (CSCO) Leads The Day Higher, Home Depot (HD) Lags

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.

The Dow Jones Industrial Average ( ^DJI) is trading up 11 points at 12,767 as of Wednesday, Nov 14, 2012, 9:35 a.m. ET. During this time, 32.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 598 million. The NYSE advances/declines ratio sits at 1,335 issues advancing vs. 1,287 declining with 187 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting a $1.32 gain (+7.8%) bringing the stock to $18.17. This single gain is lifting the Dow Jones Industrial Average by 9.99 points or roughly accounting for 90.8% of the Dow's overall gain. Volume for Cisco Systems currently sits at 12.9 million shares traded vs. an average daily trading volume of 36.5 million shares.

Cisco Systems has a market cap of $89.37 billion and is part of the technology sector and computer hardware industry. Shares are down 6.8% year to date as of Tuesday's close. The stock's dividend yield sits at 3.3%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Holding back the Dow today is Home Depot (NYSE: HD), which is lagging the broader Dow index with a 20-cent decline (-0.3%) bringing the stock to $63.18. Volume for Home Depot currently sits at 647,158 shares traded vs. an average daily trading volume of eight million shares.

Home Depot has a market cap of $92.2 billion and is part of the services sector and retail industry. Shares are up 50.8% year to date as of Tuesday's close. The stock's dividend yield sits at 1.9%.

The Home Depot, Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell building materials, and home improvement and lawn and garden products to do-it-yourself, do-it-for-me (at D-I-F-M), and professional customers. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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