Teradata Corporation (TDC): 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.
(
) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.1%. By the end of trading, Teradata Corporation rose $1.88 (3.3%) to $59.59 on light volume. Throughout the day, 1,528,217 shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2,096,100 shares. The stock ranged in a price between $57.37-$59.89 after having opened the day at $57.62 as compared to the previous trading day's close of $57.71. Other companies within the Computer Hardware industry that increased today were:
(
), up 11.6%,
(
), up 10.5%,
(
), up 9.0% and
(
), up 6.3%.
Teradata Corporation provides analytic data solutions worldwide. The company offers data warehousing solutions that include software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $9.4 billion and is part of the technology sector. Shares are down 7.3% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Teradata Corporation a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Teradata Corporation
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Teradata Corporation Ratings Report.
On the negative front,
(
), down 5.3%,
(
), down 4.7%,
(
), down 4.2% and
XRS
(
XRSC
), down 2.9% , were all laggards within the computer hardware industry with
(
) being today's computer hardware industry laggard.
- 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
(
) while those bearish on the computer hardware industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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