Dow Today: Intel (INTC) 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 (-0.4%) at 16,409 as of Thursday, Jan 16, 2014, 12:35 p.m. ET. During this time, 155 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 356.2 million. The NYSE advances/declines ratio sits at 1,496 issues advancing vs. 1,432 declining with 170 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 22-cent decline (-0.8%) bringing the stock to $26.45. This single loss is lowering the Dow Jones Industrial Average by 1.67 points or roughly accounting for 2.3% of the Dow's overall loss. Volume for Intel currently sits at 19.7 million shares traded vs. an average daily trading volume of 31.6 million shares.

Intel has a market cap of $131.78 billion and is part of the technology sector and electronics industry. Shares are up 2.8% year to date as of Wednesday's close. The stock's dividend yield sits at 3.4%.

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 14.3, 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, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

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