Dow Today: Intel (INTC) Lower

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 down 12.0 points at 12,783 as of Tuesday, Nov 20, 2012, 10:35 a.m. ET. During this time, 193.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 606.1 million. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,467 declining with 132 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 59-cent decline (-2.9%) bringing the stock to $19.66. This single loss is lowering the Dow Jones Industrial Average by 4.47 points or roughly accounting for 37.3% of the Dow's overall loss. Volume for Intel currently sits at 19.7 million shares traded vs. an average daily trading volume of 48.9 million shares.

Intel has a market cap of $100.47 billion and is part of the technology sector and electronics industry. Shares are down 16.5% year to date as of Monday'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 8.8, 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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