Dow Today: Hewlett-Packard (HPQ) 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 down 81.0 points (-0.6%) at 12,928 as of Monday, Nov 26, 2012, 1:35 p.m. ET. During this time, 285.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 617.4 million. The NYSE advances/declines ratio sits at 958 issues advancing vs. 2,023 declining with 108 unchanged.
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The Dow component leading the way higher looks to be Hewlett-Packard (NYSE: HPQ), which is sporting a 34-cent gain (+2.7%) bringing the stock to $12.78. Volume for Hewlett-Packard currently sits at 22.8 million shares traded vs. an average daily trading volume of 29.7 million shares.

Hewlett-Packard has a market cap of $23.48 billion and is part of the technology sector and computer hardware industry. Shares are down 51.7% year to date as of Friday's close. The stock's dividend yield sits at 4.4%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. The company has a P/E ratio of 2.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

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