Dow Today: Intel (INTC) Leads The Day Higher, Nike (NKE) Lags

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 three points at 16,737 as of Friday, Jun 13, 2014, 9:36 a.m. ET. During this time, 30.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 346.7 million. The NYSE advances/declines ratio sits at 1,311 issues advancing vs. 1,367 declining with 215 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a $1.87 gain (+6.7%) bringing the stock to $29.83. This single gain is lifting the Dow Jones Industrial Average by 14.15 points or roughly accounting for 471.7% of the Dow's overall gain. Volume for Intel currently sits at 20.7 million shares traded vs. an average daily trading volume of 29.7 million shares.

Intel has a market cap of $139.04 billion and is part of the technology sector and electronics industry. Shares are up 7.7% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.2%.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments.

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, reasonable valuation levels, expanding profit margins 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.

Holding back the Dow today is Nike (NYSE: NKE), which is lagging the broader Dow index with a 62-cent decline (-0.8%) bringing the stock to $74.15. Volume for Nike currently sits at 340,493 shares traded vs. an average daily trading volume of 3.7 million shares.

Nike has a market cap of $52.64 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 4.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.3%.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide.

TheStreet Ratings rates Nike 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, reasonable 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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