Dow Today: Cisco Systems (CSCO) Leads The Day Higher, Alcoa (AA) Lags

The Dow Jones Industrial Average ( ^DJI) is trading down 22.0 points (-0.1%) at 14,910 as of Wednesday, Jul 3, 2013, 9:35 a.m. ET. During this time, 20.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 624.8 million. The NYSE advances/declines ratio sits at 414 issues advancing vs. 2,060 declining with 113 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting a 17-cent gain (+0.7%) bringing the stock to $24.49. Volume for Cisco Systems currently sits at 2.1 million shares traded vs. an average daily trading volume of 41.3 million shares.

Cisco Systems has a market cap of $130.05 billion and is part of the technology sector and computer hardware industry. Shares are up 23.8% year to date as of Tuesday'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.

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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is Alcoa (NYSE: AA), which is lagging the broader Dow index with a 13-cent decline (-1.7%) bringing the stock to $7.67. This single loss is lowering the Dow Jones Industrial Average by 0.98 points or roughly accounting for 4.5% of the Dow's overall loss. Volume for Alcoa currently sits at 1.7 million shares traded vs. an average daily trading volume of 18.2 million shares.

Alcoa has a market cap of $8.41 billion and is part of the basic materials sector and metals & mining industry. Shares are down 10.1% year to date as of Tuesday's close. The stock's dividend yield sits at 1.5%.

Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions.

TheStreet Ratings rates Alcoa as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and generally higher debt management risk.

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