Dow Today: Home Depot (HD) Leads The Day Higher, Cisco Systems (CSCO) 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 84 points (+0.6%) at 13,868 as of Tuesday, Feb 26, 2013, 9:35 a.m. ET. During this time, 34.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 624.3 million. The NYSE advances/declines ratio sits at 1,930 issues advancing vs. 723 declining with 147 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be Home Depot (NYSE: HD), which is sporting a $2.46 gain (+3.9%) bringing the stock to $66.38. This single gain is lifting the Dow Jones Industrial Average by 18.62 points or roughly accounting for 22.2% of the Dow's overall gain. Volume for Home Depot currently sits at 1.9 million shares traded vs. an average daily trading volume of 6.5 million shares.

Home Depot has a market cap of $98.05 billion and is part of the services sector and retail industry. Shares are up 6% year to date as of Monday's close. The stock's dividend yield sits at 1.8%.

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 23.3, 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, growth in earnings per share, revenue growth, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding back the Dow today is Cisco Systems (Nasdaq: CSCO), which is lagging the broader Dow index with a three-cent decline (-0.1%) bringing the stock to $20.63. Volume for Cisco Systems currently sits at two million shares traded vs. an average daily trading volume of 38.1 million shares.

Cisco Systems has a market cap of $111.44 billion and is part of the technology sector and computer hardware industry. Shares are up 6.4% year to date as of Monday's close. The stock's dividend yield sits at 2.7%.

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 12, 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

null

More from Markets

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings