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 0.2%. By the end of trading, EMC Corporation rose 46 cents (1.7%) to $26.89 on average volume. Throughout the day, 16.3 million shares of EMC Corporation exchanged hands as compared to its average daily volume of 17.9 million shares. The stock ranged in a price between $26.35-$26.96 after having opened the day at $26.54 as compared to the previous trading day's close of $26.43. Other companies within the Computer Hardware industry that increased today were:
), up 6.8%,
), up 5%,
), up 3.8%, and
), up 3.2%.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
EMC Corporation develops, delivers, and supports the information and virtual infrastructure technologies and solutions. EMC Corporation has a market cap of $55.43 billion and is part of the
sector. The company has a P/E ratio of 21.8, 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 22.7% year to date as of the close of trading on Tuesday. Currently there are 28 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, good cash flow from operations, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full EMC Ratings Report.
- 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.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now