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 138.0 points (-0.9%) at 14,618 as of Wednesday, Apr 17, 2013, 11:35 a.m. ET. During this time, 369 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 591.2 million. The NYSE advances/declines ratio sits at 498 issues advancing vs. 2,442 declining with 95 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 26-cent decline (-1.2%) bringing the stock to $21.65. This single loss is lowering the Dow Jones Industrial Average by 1.97 points or roughly accounting for 1.4% of the Dow's overall loss. Volume for Intel currently sits at 35.3 million shares traded vs. an average daily trading volume of 42.4 million shares.

Intel has a market cap of $105.85 billion and is part of the technology sector and electronics industry. Shares are up 3.7% year to date as of Tuesday's close. The stock's dividend yield sits at 4.2%.

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, 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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