Dow Today: Intel (INTC) 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 up 123 points (+0.8%) at 15,944 as of Friday, Dec 6, 2013, 9:40 a.m. ET. During this time, 28.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 373 million. The NYSE advances/declines ratio sits at 2,300 issues advancing vs. 459 declining with 122 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a 68-cent gain (+2.8%) bringing the stock to $24.94. This single gain is lifting the Dow Jones Industrial Average by 5.15 points or roughly accounting for 4.2% of the Dow's overall gain. Volume for Intel currently sits at 8.9 million shares traded vs. an average daily trading volume of 32.7 million shares.

Intel has a market cap of $118.01 billion and is part of the technology sector and electronics industry. Shares are up 15.1% year to date as of Thursday'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.

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