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 up 87 points (+0.5%) at 16,448. During the day, 460.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 415.8 million. The NYSE advances/declines ratio closed at 1,594 issues advancing vs. 1,458 declining with 145 unchanged.
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The Dow component that led the way higher today was International Business Machines (NYSE: IBM), which sported a $3.51 gain (+1.9%) bringing the stock to $193.14. This single gain lifted the Dow Jones Industrial Average by 26.56 points or roughly accounting for 30.5% of the Dow's overall gain. Volume for International Business Machines ended the day at 5.6 million shares traded vs. an average daily trading volume of 5.4 million shares.

International Business Machines has a market cap of $198.08 billion and is part of the technology sector and computer software & services industry. Shares are up 1.1% year-to-date as of Friday's close. The stock's dividend yield sits at 2%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates International Business Machines as a buy. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Holding the Dow back today was Goldman Sachs Group (NYSE: GS), which lagged the broader Dow index with a $1.70 decline (-1.1%) bringing the stock to $156.54. Volume for Goldman Sachs Group ended the day at 3.8 million shares traded vs. an average daily trading volume of 3.7 million shares.

Goldman Sachs Group has a market cap of $72.3 billion and is part of the financial sector and financial services industry. Shares are down 10.7% year-to-date as of Friday's close. The stock's dividend yield sits at 1.3%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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