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- You can view the full JPMorgan Chase Ratings Report.
Holding the Dow back today was International Business Machines (NYSE: IBM), which lagged the broader Dow index with a $1.49 decline (-0.8%) bringing the stock to $191.62. This single loss lowered the Dow Jones Industrial Average by 11.28 points or roughly accounting for 9.6% of the Dow's overall loss. Volume for International Business Machines ended the day at 3.3 million shares traded vs. an average daily trading volume of 3.4 million shares.International Business Machines has a market cap of $193.53 billion and is part of the technology sector and computer software & services industry. Shares are up 3% year-to-date as of Monday's close. The stock's dividend yield sits at 2.3%. International Business Machines Corporation provides information technology (IT) products and services worldwide. TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full International Business Machines Ratings Report.