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 0.4%. By the end of trading, Apple rose $5.80 (1.1%) to $544.99 on average volume. Throughout the day, 9,934,495 shares of Apple exchanged hands as compared to its average daily volume of 11,566,300 shares. The stock ranged in a price between $539.59-$545.75 after having opened the day at $541.50 as compared to the previous trading day's close of $539.19. Other companies within the Computer Hardware industry that increased today were:
), up 4.4%,
), up 4.0%,
), up 4.0% and
), up 3.6%.
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Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. Apple has a market cap of $475.3 billion and is part of the consumer goods sector. Shares are down 3.9% year to date as of the close of trading on Monday. Currently there are 27 analysts that rate Apple a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Apple Ratings Report.
On the negative front,
), down 5.7%,
), down 2.6%,
), down 2.3% and
), down 2.3%.
- 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
) while those bearish on the computer hardware industry could consider
- Find other investment ideas from our top rated ETFs lists.