Dow Today: International Business Machines (IBM) Leads The Day Higher, Goldman Sachs Group (GS) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 5.0 points at 15,440. During the day, 449.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 374 million. The NYSE advances/declines ratio closed at 1,239 issues advancing vs. 1,780 declining with 138 unchanged.
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The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $1.40 gain (+0.8%) bringing the stock to $174.24. Volume for International Business Machines ended the day at 4.7 million shares traded vs. an average daily trading volume of 5.3 million shares.

International Business Machines has a market cap of $187.74 billion and is part of the technology sector and computer software & services industry. Shares are down 7.8% year to date as of Tuesday's close. The stock's dividend yield sits at 2.2%.

International Business Machines Corporation provides information technology (IT) products and services worldwide.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Holding the Dow back today was Goldman Sachs Group (NYSE: GS), which lagged the broader Dow index with a $1.34 decline (-0.8%) bringing the stock to $160.42. This single loss is lowering the Dow Jones Industrial Average by 10.14 points or roughly accounting for 202.8% of the Dow's overall loss. Volume for Goldman Sachs Group ended the day at 3.2 million shares traded vs. an average daily trading volume of 2.9 million shares.

Goldman Sachs Group has a market cap of $72.44 billion and is part of the financial sector and financial services industry. Shares are down 8.7% year to date as of Tuesday's close. The stock's dividend yield sits at 1.4%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

TheStreet Ratings rates Goldman Sachs Group as a buy. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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