EMC Corporation (EMC) Gains Contribute To Strong Performance
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. EMC Corporation (EMC) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.3%. By the end of trading, EMC Corporation rose 27 cents (1.1%) to $23.84 on light volume. Throughout the day, 13.4 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 25 million shares. The stock ranged in a price between $23.60-$23.85 after having opened the day at $23.65 as compared to the previous trading day's close of $23.57. Other companies within the Technology sector that increased today were: BOS Better Online Solutions (BOSC), up 47.8%, Technical Communications (TCCO), up 18.9%, China Information Technology (CNIT), up 14.8%, and Suntech Power Holdings (STP), up 13.9%.
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