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 21 points (+0.1%) at 14,599 as of Monday, Apr 1, 2013, 9:35 a.m. ET. During this time, 22.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 612 million. The NYSE advances/declines ratio sits at 1,255 issues advancing vs. 1,286 declining with 197 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting a 28-cent gain (+1.3%) bringing the stock to $21.17. This single gain is lifting the Dow Jones Industrial Average by 2.12 points or roughly accounting for 10.1% of the Dow's overall gain. Volume for Cisco Systems currently sits at 2.7 million shares traded vs. an average daily trading volume of 35.6 million shares. Cisco Systems has a market cap of $111.41 billion and is part of the technology sector and computer hardware industry. Shares are up 6.3% year to date as of Thursday'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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 25-cent decline (-1.1%) bringing the stock to $21.59. Volume for Intel currently sits at 2.5 million shares traded vs. an average daily trading volume of 44.6 million shares.
Intel has a market cap of $108 billion and is part of the technology sector and electronics industry. Shares are up 5.9% year to date as of Thursday's close. The stock's dividend yield sits at 4.1%. Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. The company has a P/E ratio of 10.3, 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.