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 1.1%. By the end of trading, Cisco Systems rose $0.36 (1.5%) to $23.89 on average volume. Throughout the day, 39,757,478 shares of Cisco Systems exchanged hands as compared to its average daily volume of 39,620,700 shares. The stock ranged in a price between $23.69-$24.12 after having opened the day at $23.81 as compared to the previous trading day's close of $23.53. Other companies within the Computer Hardware industry that increased today were:
), up 7.3%,
), up 7.2%,
), up 5.3% and
), up 5.2%.
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Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. Cisco Systems has a market cap of $125.8 billion and is part of the technology sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 19.7% year to date as of the close of trading on Friday. Currently there are 22 analysts that rate Cisco Systems a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Cisco Systems Ratings Report.
On the negative front,
), down 6.4%,
), down 3.8%,
), down 3.5% and
), down 3.3% , 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.
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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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