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5 Stocks Moving The Technology Sector Upward

3. As of noon trading, EMC Corporation (EMC) is up $0.22 (0.97) to $23.34 on average volume Thus far, 8.5 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 22.2 million shares. The stock has ranged in price between $23.02-$23.44 after having opened the day at $23.14 as compared to the previous trading day's close of $23.12.

EMC Corporation, together with its subsidiaries, develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. EMC Corporation has a market cap of $48.9 billion and is part of the computer hardware industry. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are down 8.6% year to date as of the close of trading on Tuesday. Currently there are 25 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full EMC Corporation Ratings Report now.

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DOW 16,262.56 +89.32 0.55%
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