Dow Jones (DJIA) Today: Intel (INTC) Higher

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..

The Dow Jones Industrial Average ( ^DJI) is trading up 254 points (+1.4%) at 18,018 as of Wednesday, Jun 10, 2015, 12:36 p.m. ET. During this time, 154.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 354.8 million. The NYSE advances/declines ratio sits at 2,376 issues advancing vs. 646 declining with 124 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a 70-cent gain (+2.2%) bringing the stock to $31.95. This single gain is lifting the Dow Jones Industrial Average by 5.3 points or roughly accounting for 2.1% of the Dow's overall gain. Volume for Intel currently sits at 19.6 million shares traded vs. an average daily trading volume of 30.1 million shares.

Intel has a market cap of $148.49 billion and is part of the technology sector and electronics industry. Shares are down 13.9% year-to-date as of Tuesday's close. The stock's dividend yield sits at 3.1%.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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