Dow Today: Intel (INTC) Higher

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 154 points (+1.2%) at 12,742 as of Monday, Nov 19, 2012, 11:35 a.m. ET. During this time, 270.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 603.4 million. The NYSE advances/declines ratio sits at 2,629 issues advancing vs. 338 declining with 70 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a six-cent gain (+0.3%) bringing the stock to $20.25. This single gain is lifting the Dow Jones Industrial Average by 0.45 points or roughly accounting for 0.3% of the Dow's overall gain. Volume for Intel currently sits at 39 million shares traded vs. an average daily trading volume of 48.8 million shares.

Intel has a market cap of $99.67 billion and is part of the technology sector and electronics industry. Shares are down 16.7% year to date as of Friday's close. The stock's dividend yield sits at 4.5%.

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 8.7, 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 largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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