Dow Today: Intel (INTC) Lower

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 99 points (+0.6%) at 17,075 as of Friday, Jul 18, 2014, 12:36 p.m. ET. During this time, 182.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 304.8 million. The NYSE advances/declines ratio sits at 2,467 issues advancing vs. 494 declining with 140 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with an 18-cent decline (-0.5%) bringing the stock to $33.52. Volume for Intel currently sits at 24 million shares traded vs. an average daily trading volume of 31.1 million shares.

Intel has a market cap of $172.49 billion and is part of the technology sector and electronics industry. Shares are up 29.8% year-to-date as of Thursday's close. The stock's dividend yield sits at 2.6%.

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, solid stock price performance 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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