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 25 points (+0.2%) at 14,985 as of Thursday, Jun 6, 2013, 9:35 a.m. ET. During this time, 25.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 599.5 million. The NYSE advances/declines ratio sits at 1,146 issues advancing vs. 1,379 declining with 192 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting a 33-cent gain (+1.4%) bringing the stock to $24.65. This single gain is lifting the Dow Jones Industrial Average by 2.5 points or roughly accounting for 10% of the Dow's overall gain. Volume for Cisco Systems currently sits at 2.8 million shares traded vs. an average daily trading volume of 40.8 million shares.

Cisco Systems has a market cap of $130.19 billion and is part of the technology sector and computer hardware industry. Shares are up 24% year to date as of Wednesday's close. The stock's dividend yield sits at 2.8%.

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 13.5, 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 solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 22-cent decline (-0.5%) bringing the stock to $40.43. Volume for Coca-Cola currently sits at 497,362 shares traded vs. an average daily trading volume of 14.3 million shares.

Coca-Cola has a market cap of $184.47 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 12.1% year to date as of Wednesday's close. The stock's dividend yield sits at 2.7%.

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 21.4, 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 notable return on equity, reasonable valuation levels, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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