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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.

Cisco Systems



) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Cisco Systems fell $0.28 (-1.3%) to $21.84 on average volume. Throughout the day, 44,698,401 shares of Cisco Systems exchanged hands as compared to its average daily volume of 45,204,800 shares. The stock ranged in price between $21.76-$22.22 after having opened the day at $22.15 as compared to the previous trading day's close of $22.12. Other companies within the Computer Hardware industry that declined today were:

Mad Catz Interactive



), down 10.3%,

Acorn Energy



), down 6.3%,

Radisys Corporation



), down 6.2% and

Crossroads Systems



), down 5.3%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) and other products related to the communications and information technology industry worldwide. Cisco Systems has a market cap of $114.0 billion and is part of the technology sector. Shares are down 1.4% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Cisco Systems a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Cisco Systems

as a


. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,




), up 16.7%,

Overland Storage



), up 5.3%,




), up 4.1% and

Riverbed Technology



), up 4.1% , were all gainers within the computer hardware industry with




) being today's featured computer hardware industry leader.

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




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