Dow Jones (DJIA) Today: International Business Machines (IBM) 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 19 points (+0.1%) at 18,138 as of Tuesday, Jun 23, 2015, 10:36 a.m. ET. During this time, 79.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 344.4 million. The NYSE advances/declines ratio sits at 1,481 issues advancing vs. 1,421 declining with 197 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component leading the way higher looks to be International Business Machines (NYSE: IBM), which is sporting a $1.35 gain (+0.8%) bringing the stock to $169.08. This single gain is lifting the Dow Jones Industrial Average by 10.22 points or roughly accounting for 53.8% of the Dow's overall gain. Volume for International Business Machines currently sits at 1.3 million shares traded vs. an average daily trading volume of 3.8 million shares.

International Business Machines has a market cap of $164.44 billion and is part of the technology sector and computer software & services industry. Shares are up 4.5% year-to-date as of Monday's close. The stock's dividend yield sits at 3.1%.

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 notable return on equity, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE..

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists