Dow Today: Intel (INTC) Leads The Day Higher, AT&T (T) Lags

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 53.0 points (-0.3%) at 15,861 as of Wednesday, Dec 4, 2013, 9:40 a.m. ET. During this time, 23.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.2 million. The NYSE advances/declines ratio sits at 695 issues advancing vs. 2,039 declining with 124 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting an 18-cent gain (+0.8%) bringing the stock to $23.73. Volume for Intel currently sits at 2.6 million shares traded vs. an average daily trading volume of 32.4 million shares.

Intel has a market cap of $117.81 billion and is part of the technology sector and electronics industry. Shares are up 14.9% year to date as of Tuesday's close. The stock's dividend yield sits at 3.8%.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Intel 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, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

Holding back the Dow today is AT&T (NYSE: T), which is lagging the broader Dow index with a 46-cent decline (-1.3%) bringing the stock to $34.28. This single loss is lowering the Dow Jones Industrial Average by 3.48 points or roughly accounting for 6.6% of the Dow's overall loss. Volume for AT&T currently sits at 2.6 million shares traded vs. an average daily trading volume of 23.6 million shares.

AT&T has a market cap of $183.33 billion and is part of the technology sector and telecommunications industry. Shares are up 3.1% year to date as of Tuesday's close. The stock's dividend yield sits at 5.2%.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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