Dow Today: Cisco Systems (CSCO) Leads The Day Higher, Coca-Cola (KO) 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 48 points (+0.3%) at 14,469 as of Friday, Mar 22, 2013, 9:35 a.m. ET. During this time, 22.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 608.8 million. The NYSE advances/declines ratio sits at 1,793 issues advancing vs. 611 declining with 195 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 Cisco Systems (Nasdaq: CSCO), which is sporting an 18-cent gain (+0.9%) bringing the stock to $21.02. This single gain is lifting the Dow Jones Industrial Average by 1.36 points or roughly accounting for 2.8% of the Dow's overall gain. Volume for Cisco Systems currently sits at two million shares traded vs. an average daily trading volume of 34.6 million shares.

Cisco Systems has a market cap of $115.54 billion and is part of the technology sector and computer hardware industry. Shares are up 6.1% year to date as of Thursday's close. The stock's dividend yield sits at 2.6%.

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 12.5, 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a nine-cent decline (-0.2%) bringing the stock to $39.98. Volume for Coca-Cola currently sits at 979,830 shares traded vs. an average daily trading volume of 14.8 million shares.

Coca-Cola has a market cap of $177.69 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.8%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, notable return on equity and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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

If you liked this article you might like

Cisco Could Be in Line for Some Big Changes With John Chambers' Exit

7 Essential Rules for Investing in Tech Stocks

Hewlett Packard Enterprise Becomes the Latest Tech Titan to Slash Jobs

Tax Reform Is Coming and That Means Trump Stock Rally Is Ready to Kill It Again

'Trump Stock' Rally Is Back on Track