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 57.0 points (-0.3%) at 16,357 as of Wednesday, Jan 22, 2014, 11:35 a.m. ET. During this time, 122 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 360.6 million. The NYSE advances/declines ratio sits at 1,698 issues advancing vs. 1,213 declining with 185 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 28-cent decline (-1.1%) bringing the stock to $25.30. This single loss is lowering the Dow Jones Industrial Average by 2.19 points or roughly accounting for 3.8% of the Dow's overall loss. Volume for Intel currently sits at 18.5 million shares traded vs. an average daily trading volume of 33.6 million shares.

Intel has a market cap of $128.5 billion and is part of the technology sector and electronics industry. Shares are down 0.4% year to date as of Tuesday's close. The stock's dividend yield sits at 3.5%.

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, 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. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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