Dow Today: International Business Machines (IBM) Higher

The Dow Jones Industrial Average ( ^DJI) is trading down 25.0 points (-0.2%) at 15,275 as of Wednesday, Jul 10, 2013, 11:35 a.m. ET. During this time, 183.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 614.1 million. The NYSE advances/declines ratio sits at 1,113 issues advancing vs. 1,751 declining with 136 unchanged.
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The Dow component leading the way higher looks to be International Business Machines (NYSE: IBM), which is sporting a $1.12 gain (+0.6%) bringing the stock to $192.42. Volume for International Business Machines currently sits at 1.5 million shares traded vs. an average daily trading volume of 4.5 million shares.

International Business Machines has a market cap of $216.19 billion and is part of the technology sector and computer software & services industry. Shares are down 0.1% year to date as of Tuesday'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.

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.

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