Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 0.3%. By the end of trading, Aruba Networks rose $0.34 (2.3%) to $14.89 on light volume. Throughout the day, 2,417,703 shares of Aruba Networks exchanged hands as compared to its average daily volume of 4,243,300 shares. The stock ranged in a price between $14.44-$14.91 after having opened the day at $14.57 as compared to the previous trading day's close of $14.55. Other companies within the Computer Hardware industry that increased today were:
), up 12.6%,
), up 10.3%,
), up 6.2% and
), up 6.0%.
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Aruba Networks, Inc. provides network access solutions for the mobile enterprises worldwide. Aruba Networks has a market cap of $1.7 billion and is part of the technology sector. Shares are down 28.7% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Aruba Networks a buy, 1 analyst rates it a sell, and 14 rate it a hold.
TheStreet Ratings rates Aruba Networks as a
. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full Aruba Networks Ratings Report.
On the negative front,
), down 5.6%,
), down 5.0%,
), down 4.3% and
), down 4.2% , 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
) while those bearish on the computer hardware industry could consider
- Find other investment ideas from our top rated ETFs lists.
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