Dow Today: Hewlett-Packard (HPQ) Leads The Day 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 Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 90.0 points (-0.6%) at 14,847 as of Friday, Sep 6, 2013, 9:35 a.m. ET. During this time, 21.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 525.9 million. The NYSE advances/declines ratio sits at 2,133 issues advancing vs. 466 declining with 146 unchanged.
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The Dow component leading the way higher looks to be Hewlett-Packard (NYSE: HPQ), which is sporting a 21-cent gain (+0.9%) bringing the stock to $22.33. Volume for Hewlett-Packard currently sits at 561,937 shares traded vs. an average daily trading volume of 15.1 million shares.

Hewlett-Packard has a market cap of $42.95 billion and is part of the technology sector and computer hardware industry. Shares are up 55.2% year to date as of Thursday's close. The stock's dividend yield sits at 2.6%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow.

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