Dow Today: Cisco Systems (CSCO) 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 down 29.0 points (-0.2%) at 15,965 as of Wednesday, Feb 12, 2014, 12:35 p.m. ET. During this time, 156.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 379 million. The NYSE advances/declines ratio sits at 1,675 issues advancing vs. 1,285 declining with 143 unchanged.
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The Dow component leading the way higher looks to be Cisco Systems (Nasdaq: CSCO), which is sporting an 11-cent gain (+0.5%) bringing the stock to $22.82. Volume for Cisco Systems currently sits at 26.6 million shares traded vs. an average daily trading volume of 44 million shares.

Cisco Systems has a market cap of $122.06 billion and is part of the technology sector and computer hardware industry. Shares are up 1.3% year to date as of Tuesday's close. The stock's dividend yield sits at 3%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide.

TheStreet Ratings rates Cisco Systems 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, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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