Dow Today: Cisco Systems (CSCO) Leads The Day Higher, General Electric (GE) Lags

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The Dow Jones Industrial Average ( ^DJI) is trading up 31 points (+0.2%) at 15,624 as of Friday, Nov 8, 2013, 9:30 a.m. ET. During this time, 7.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.8 million. The NYSE advances/declines ratio sits at 1,042 issues advancing vs. 1,700 declining with 133 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting an 18-cent gain (+0.8%) bringing the stock to $23.29. This single gain is lifting the Dow Jones Industrial Average by 1.36 points or roughly accounting for 4.4% of the Dow's overall gain. Volume for Cisco Systems currently sits at 666,059 shares traded vs. an average daily trading volume of 37.8 million shares.

Shares are up 18.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.9%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide.

TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Holding back the Dow today is General Electric (NYSE: GE), which is lagging the broader Dow index with a 20-cent decline (-0.8%) bringing the stock to $26.40. Volume for General Electric currently sits at 374,736 shares traded vs. an average daily trading volume of 36.8 million shares.

Shares are up 28.2% year to date as of Thursday's close. The stock's dividend yield sits at 2.8%.

General Electric Company operates as an infrastructure and financial services company worldwide.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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