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 43 points (+0.3%) at 16,603 as of Wednesday, Aug 13, 2014, 10:36 a.m. ET. During this time, 52.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.3 million. The NYSE advances/declines ratio sits at 2,092 issues advancing vs. 777 declining with 181 unchanged.
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Holding back the Dow today is Cisco Systems (Nasdaq: CSCO), which is lagging the broader Dow index with a 14-cent decline (-0.6%) bringing the stock to $25.01. Volume for Cisco Systems currently sits at 8.9 million shares traded vs. an average daily trading volume of 27.2 million shares. Cisco Systems has a market cap of $129.25 billion and is part of the technology sector and computer hardware industry. Shares are up 12.1% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3%. Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.