Dow Today: Home Depot (HD) Leads The Day Higher, Microsoft Corporation (MSFT) Lags

The Dow Jones Industrial Average ( ^DJI) is trading up 44 points (+0.3%) at 15,018 as of Tuesday, Jul 2, 2013, 9:35 a.m. ET. During this time, 21.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 622.2 million. The NYSE advances/declines ratio sits at 1,177 issues advancing vs. 1,331 declining with 185 unchanged.
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The Dow component leading the way higher looks to be Home Depot (NYSE: HD), which is sporting a 78-cent gain (+1%) bringing the stock to $77.65. This single gain is lifting the Dow Jones Industrial Average by 5.9 points or roughly accounting for 13.4% of the Dow's overall gain. Volume for Home Depot currently sits at 323,213 shares traded vs. an average daily trading volume of 7.7 million shares.

Home Depot has a market cap of $113.17 billion and is part of the services sector and retail industry. Shares are up 25.3% year to date as of Monday's close. The stock's dividend yield sits at 2%.

The Home Depot, Inc. operates as a home improvement retailer. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Holding back the Dow today is Microsoft Corporation (Nasdaq: MSFT), which is lagging the broader Dow index with a 28-cent decline (-0.8%) bringing the stock to $34.08. Volume for Microsoft Corporation currently sits at 2.6 million shares traded vs. an average daily trading volume of 54.4 million shares.

Microsoft Corporation has a market cap of $288.49 billion and is part of the technology sector and computer software & services industry. Shares are up 28.6% year to date as of Monday's close. The stock's dividend yield sits at 2.7%.

Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Microsoft Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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