Dow Today: Microsoft Corporation (MSFT) 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 137 points (+0.8%) at 16,460 as of Monday, Mar 31, 2014, 12:36 p.m. ET. During this time, 152.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 413.6 million. The NYSE advances/declines ratio sits at 2,329 issues advancing vs. 681 declining with 134 unchanged.
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The Dow component leading the way higher looks to be Microsoft Corporation (Nasdaq: MSFT), which is sporting a $1.02 gain (+2.5%) bringing the stock to $41.32. This single gain is lifting the Dow Jones Industrial Average by 7.72 points or roughly accounting for 5.6% of the Dow's overall gain. Volume for Microsoft Corporation currently sits at 21.5 million shares traded vs. an average daily trading volume of 38.9 million shares.

Microsoft Corporation has a market cap of $326.72 billion and is part of the technology sector and computer software & services industry. Shares are up 7.7% year to date as of Friday's close. The stock's dividend yield sits at 2.8%.

Microsoft Corporation develops, licenses, and supports software, services, and hardware devices. Its Windows division offers Windows operating system; Windows Services suite of applications and Web services, including Outlook.com and SkyDrive; Surface RT and Pro devices; and PC accessories.

TheStreet Ratings rates Microsoft Corporation 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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