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 82.0 points (-0.6%) at 13,845 as of Thursday, Feb 21, 2013, 1:35 p.m. ET. During this time, 420 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 620.8 million. The NYSE advances/declines ratio sits at 820 issues advancing vs. 2,136 declining with 101 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 52-cent decline (-2.5%) bringing the stock to $20.21. This single loss is lowering the Dow Jones Industrial Average by 3.94 points or roughly accounting for 4.8% of the Dow's overall loss. Volume for Intel currently sits at 39.3 million shares traded vs. an average daily trading volume of 46 million shares.

Intel has a market cap of $104.92 billion and is part of the technology sector and electronics industry. Shares are up 2.3% year to date as of Wednesday's close. The stock's dividend yield sits at 4.3%.

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 9.9, 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 somewhat weak growth in earnings per share.

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