EMC Corporation (EMC): Today's Featured Technology Winner
(
) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.3%. By the end of trading, EMC Corporation rose $0.49 (2.0%) to $24.79 on average volume. Throughout the day, 17,742,725 shares of EMC Corporation exchanged hands as compared to its average daily volume of 23,367,800 shares. The stock ranged in a price between $24.35-$24.82 after having opened the day at $24.42 as compared to the previous trading day's close of $24.30. Other companies within the Technology sector that increased today were:
(
), up 23.1%,
(
), up 22.2%,
(
), up 16.1% and
(
), up 14.0%.
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 $50.7 billion and is part of the computer hardware industry. Shares are down 4.0% year to date as of the close of trading on Monday. Currently there are 26 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
EMC Corporation
as a
. 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.
- You can view the full EMC Corporation Ratings Report.
On the negative front,
(
), down 19.4%,
(
), down 12.7%,
(
), down 11.6% and
(
), down 9.3% , were all laggards within the technology sector with
(
) being today's technology sector laggard.
- Use our technology section to find sector-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 technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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