Dow Jones (DJIA) Today: Cisco Systems (CSCO) 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 73.0 points (-0.4%) at 16,976 as of Friday, Sep 12, 2014, 12:36 p.m. ET. During this time, 125.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 295.9 million. The NYSE advances/declines ratio sits at 593 issues advancing vs. 2,443 declining with 112 unchanged.
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Holding back the Dow today is Cisco Systems (Nasdaq: CSCO), which is lagging the broader index with a two-cent decline to $25.16. This single drop is lowering the Dow Jones Industrial Average by 0.15 points or roughly accounting for 0.2% of the Dow's overall loss. Volume for Cisco Systems currently sits at 14.4 million shares traded vs. an average daily trading volume of 24.9 million shares.

Cisco Systems has a market cap of $127.12 billion and is part of the technology sector and computer hardware industry. Shares are up 12.3% year-to-date as of Thursday'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, expanding profit margins, growth in earnings per share 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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