EMC Corporation

(

EMC

) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware loser. The industry as a whole closed the day down 0.5%. By the end of trading, EMC Corporation fell 15 cents (-0.7%) to $22.39 on heavy volume. Throughout the day, 37.3 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 21.7 million shares. The stock ranged in price between $22.31-$22.75 after having opened the day at $22.67 as compared to the previous trading day's close of $22.54. Other company's within the Computer Hardware industry that declined today were:

Mitek Systems Inc

(

MITK

), down 7.2%,

Echelon Corporation

(

ELON

), down 6.9%,

Identive Group Inc

(

INVE

), down 5.8%, and

Xata Corporation

(

XATA

), down 5.7%.

EMC Corporation develops, delivers, and supports the information and virtual infrastructure technologies and solutions. EMC Corporation has a market cap of $44.63 billion and is part of the

technology

sector. The company has a P/E ratio of 21.7, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates EMC as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front,

Hutchinson Technology

(

HTCH

), up 15.7%,

OCZ Technology Group Inc

(

OCZ

), up 13.9%,

Lantronix Inc

(

LTRX

), up 4%, and

Western Digital Corporation

(

WDC

), up 3.6%, were all gainers within the computer hardware industry with

Seagate Technology

(

STX

) being today's featured computer hardware industry winner.

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

(

IYW

) while those bearish on the computer hardware industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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