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Hewlett-Packard Co (HPQ): Today's Featured Computer Hardware Winner

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 or Stephanie Link.

Hewlett-Packard ( HPQ) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.8%. By the end of trading, Hewlett-Packard rose $1.08 (3.7%) to $30.56 on heavy volume. Throughout the day, 19,035,848 shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 12,402,500 shares. The stock ranged in a price between $29.90-$30.63 after having opened the day at $30.00 as compared to the previous trading day's close of $29.48. Other companies within the Computer Hardware industry that increased today were: Mercury Systems ( MRCY), up 19.2%, Dataram Corporation ( DRAM), up 6.8%, Crossroads Systems ( CRDS), up 6.0% and Violin Memory ( VMEM), up 5.3%.

Hewlett-Packard Company, together with its subsidiaries, provides products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $55.1 billion and is part of the technology sector. Shares are up 5.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Hewlett-Packard a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and attractive valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Interphase ( INPH), down 3.1%, Nimble Storage ( NMBL), down 3.0%, Lantronix ( LTRX), down 2.7% and M/A-COM Technology Solutions Holdings ( MTSI), down 1.6%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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