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 down 65.0 points (-0.4%) at 16,504 as of Tuesday, Aug 5, 2014, 11:36 a.m. ET. During this time, 102.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.9 million. The NYSE advances/declines ratio sits at 1,217 issues advancing vs. 1,728 declining with 158 unchanged.
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Holding back the Dow today is Intel (Nasdaq: INTC), which is lagging the broader Dow index with a 62-cent decline (-1.8%) bringing the stock to $33.21. This single loss is lowering the Dow Jones Industrial Average by 4.69 points or roughly accounting for 7.2% of the Dow's overall loss. Volume for Intel currently sits at 17.4 million shares traded vs. an average daily trading volume of 33 million shares.

Intel has a market cap of $167.07 billion and is part of the technology sector and electronics industry. Shares are up 31.2% year-to-date as of Monday's close. The stock's dividend yield sits at 2.7%.

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 increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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