Dow Today: International Business Machines (IBM) Leads The Day Higher, Chevron (CVX) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Links.

The Dow Jones Industrial Average ( ^DJI) closed down 25.0 points (-0.2%) at 15,542. During the day, 470.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 591.6 million. The NYSE advances/declines ratio closed at 733 issues advancing vs. 2,282 declining with 97 unchanged.
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The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $1.63 gain (+0.8%) bringing the stock to $196.61. Volume for International Business Machines ended the day at 2.9 million shares traded vs. an average daily trading volume of 4.3 million shares.

International Business Machines has a market cap of $215.21 billion and is part of the technology sector and computer software & services industry. Shares are up 1.8% year to date as of Tuesday's close. The stock's dividend yield sits at 2%.

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, increase in stock price during the past year 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.

Holding the Dow back today was Chevron (NYSE: CVX), which lagged the broader Dow index with an 89-cent decline (-0.7%) bringing the stock to $126.37. This single loss lowered the Dow Jones Industrial Average by 6.74 points or roughly accounting for 27% of the Dow's overall loss. Volume for Chevron ended the day at 4.5 million shares traded vs. an average daily trading volume of 6.2 million shares.

Chevron has a market cap of $246.25 billion and is part of the basic materials sector and energy industry. Shares are up 17.5% year to date as of Tuesday's close. The stock's dividend yield sits at 3.1%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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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