Dow Jones (DJIA) Today: Cisco Systems (CSCO) Leads The Day Higher, Goldman Sachs Group (GS) Lags

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The Dow Jones Industrial Average ( ^DJI) closed down 42.0 points (-0.2%) at 17,071. During the day, 285 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.5 million. The NYSE advances/declines ratio closed at 1,274 issues advancing vs. 1,814 declining with 136 unchanged.
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The Dow component that led the way higher today was Cisco Systems (Nasdaq: CSCO), which sported a 12-cent gain (+0.5%) bringing the stock to $25.12. Volume for Cisco Systems ended the day at 28.3 million shares traded vs. an average daily trading volume of 25.4 million shares.

Cisco Systems has a market cap of $125.13 billion and is part of the technology sector and computer hardware industry. Shares are up 11.5% year-to-date as of Friday's close. The stock's dividend yield sits at 3.1%.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services 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.

Holding the Dow back today was Goldman Sachs Group (NYSE: GS), which lagged the broader Dow index with a $1.29 decline (-0.7%) bringing the stock to $183.83. This single loss lowered the Dow Jones Industrial Average by 9.76 points or roughly accounting for 23.2% of the Dow's overall loss. Volume for Goldman Sachs Group ended the day at 1.7 million shares traded vs. an average daily trading volume of 2.5 million shares.

Goldman Sachs Group has a market cap of $81.11 billion and is part of the financial sector and financial services industry. Shares are up 4.4% year-to-date as of Friday's close. The stock's dividend yield sits at 1.2%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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