Dow Today: Microsoft Corporation (MSFT) Higher

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) is trading down 36.0 points (-0.2%) at 15,485 as of Tuesday, Jul 30, 2013, 1:35 p.m. ET. During this time, 263.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 583.6 million. The NYSE advances/declines ratio sits at 1,280 issues advancing vs. 1,640 declining with 114 unchanged.
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The Dow component leading the way higher looks to be Microsoft Corporation (Nasdaq: MSFT), which is sporting a 19-cent gain (+0.6%) bringing the stock to $31.73. Volume for Microsoft Corporation currently sits at 28.7 million shares traded vs. an average daily trading volume of 49.9 million shares.

Microsoft Corporation has a market cap of $264.06 billion and is part of the technology sector and computer software & services industry. Shares are up 18.4% year to date as of Monday's close. The stock's dividend yield sits at 2.9%.

Microsoft Corporation develops, licenses, and supports software, services, and solutions worldwide. Its Windows division develops and markets PC operating systems, related software, and online services, and PC hardware products.

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, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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