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Morning Bell With Jim Cramer: Spotting Market Rotation
TheStreet Founder Jim Cramer shares his thoughts about market rotations, the CPI, and Cathie Wood's ARK Innovation ETF.
) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole was unchanged today. By the end of trading, Hewlett-Packard fell $0.32 (-1.2%) to $25.67 on light volume. Throughout the day, 9,040,198 shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 16,615,100 shares. The stock ranged in price between $25.61-$26.19 after having opened the day at $25.96 as compared to the previous trading day's close of $25.99. Other companies within the Computer Hardware industry that declined today were:
), down 33.8%,
), down 4.4%,
), down 4.4% and
), down 3.5%.
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Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $50.6 billion and is part of the technology sector. Shares are up 84.1% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Hewlett-Packard a buy, 5 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
- You can view the full Hewlett-Packard Ratings Report.
On the positive front,
), up 23.7%,
), up 10.7%,
), up 8.3% and
), up 6.7% , were all gainers within the computer hardware industry with
) being today's featured computer hardware industry leader.
- 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.