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 10.0 points at 15,265 as of Thursday, May 16, 2013, 10:35 a.m. ET. During this time, 226.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 596.1 million. The NYSE advances/declines ratio sits at 1,225 issues advancing vs. 1,567 declining with 142 unchanged.
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The Dow component leading the way higher looks to be International Business Machines (NYSE: IBM), which is sporting a $2.33 gain (+1.1%) bringing the stock to $205.65. Volume for International Business Machines currently sits at 1.5 million shares traded vs. an average daily trading volume of 4.2 million shares. International Business Machines has a market cap of $225.32 billion and is part of the technology sector and computer hardware industry. Shares are up 6.1% year to date as of Wednesday's close. The stock's dividend yield sits at 1.9%. International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.