Dow Today: Microsoft Corporation (MSFT) Lower

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 72.0 points (-0.5%) at 15,564 as of Friday, Sep 20, 2013, 12:34 p.m. ET. During this time, 382.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 493.6 million. The NYSE advances/declines ratio sits at 854 issues advancing vs. 2,087 declining with 92 unchanged.
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Holding back the Dow today is Microsoft Corporation (Nasdaq: MSFT), which is lagging the broader Dow index with an 86-cent decline (-2.6%) bringing the stock to $32.78. This single loss is lowering the Dow Jones Industrial Average by 6.51 points or roughly accounting for 9% of the Dow's overall loss. Volume for Microsoft Corporation currently sits at 49.9 million shares traded vs. an average daily trading volume of 53.5 million shares.

Microsoft Corporation has a market cap of $274.31 billion and is part of the technology sector and computer software & services industry. Shares are up 24.7% year to date as of Thursday's close. The stock's dividend yield sits at 3.4%.

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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