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 Link.

The Dow Jones Industrial Average ( ^DJI) is trading up 32 points (+0.2%) at 14,969 as of Friday, Sep 6, 2013, 11:35 a.m. ET. During this time, 210.4 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 1,965 issues advancing vs. 876 declining with 133 unchanged.
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The Dow component leading the way higher looks to be Microsoft Corporation (Nasdaq: MSFT), which is sporting a seven-cent gain (+0.2%) bringing the stock to $31.30. This single gain is lifting the Dow Jones Industrial Average by 0.53 points or roughly accounting for 1.7% of the Dow's overall gain. Volume for Microsoft Corporation currently sits at 33.7 million shares traded vs. an average daily trading volume of 51.9 million shares.

Microsoft Corporation has a market cap of $259.85 billion and is part of the technology sector and computer software & services industry. Shares are up 16.9% year to date as of Thursday's close. The stock's dividend yield sits at 2.9%.

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide.

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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