) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 3.6%. By the end of trading, EMC Corporation rose $1.93 (8.1%) to $25.64 on average volume. Throughout the day, 26.5 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 20.2 million shares. The stock ranged in a price between $24.41-$25.65 after having opened the day at $24.50 as compared to the previous trading day's close of $23.71. Other companies within the Computer Hardware industry that increased today were:
), up 20.5%,
), up 16.3%,
), up 9.8%, and
), up 8.7%.
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EMC Corporation develops, delivers, and supports the information and virtual infrastructure technologies and solutions. EMC Corporation has a market cap of $50.81 billion and is part of the
sector. The company has a P/E ratio of 20.9, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 12.3% year to date as of the close of trading on Thursday. Currently there are 27 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates EMC Corporation as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full EMC Ratings Report.
- 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.