International Business Machines Corp (IBM): Today's Featured Computer Hardware Winner

International Business Machines (IBM) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.6%. By the end of trading, International Business Machines rose $3.57 (1.8%) to $203.57 on average volume. Throughout the day, four million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in a price between $201.80-$203.69 after having opened the day at $202 as compared to the previous trading day's close of $200. Other companies within the Computer Hardware industry that increased today were: Cray (CRAY), up 20.9%, Apple (AAPL), up 8.9%, Mitek Systems (MITK), up 8.7%, and Silicon Graphics International (SGI), up 7.1%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $230.13 billion and is part of the technology sector. The company has a P/E ratio of 14.6, below the average computer hardware industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full International Business Machines Ratings Report.

On the negative front, Socket Mobile (SCKT), down 8.3%, Radisys Corporation (RSYS), down 4.5%, Dot Hill Systems Corporation (HILL), down 3.9%, and Juniper Networks (JNPR), down 3.6%, were all losers within the computer hardware industry with Emulex Corporation (ELX) being today's computer hardware industry loser.

• Use our computer hardware section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider iShares Dow Jones US Technology (IYW) while those bearish on the computer hardware industry could consider ProShares Ultra Short Semiconductor (SSG).

• Find other investment ideas from our top rated ETFs lists.

For more information on International Business Machines Corp click any of the following:

• International Business Machines Corp Stock Price

• International Business Machines Corp Analyst Ratings

• International Business Machines Corp Key Stats & Profile

• International Business Machines Corp Earnings

• International Business Machines Corp Ratio Comparison

• International Business Machines Corp Growth Rates

• International Business Machines Corp Balance Sheet

• International Business Machines Corp Cash Flow

• International Business Machines Corp Income Statement