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 0.8%. By the end of trading, Hewlett-Packard rose $3.63 (17.1%) to $24.86 on heavy volume. Throughout the day, 86,642,405 shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 22,078,400 shares. The stock ranged in a price between $22.90-$24.95 after having opened the day at $23.21 as compared to the previous trading day's close of $21.23. Other companies within the Computer Hardware industry that increased today were:
), up 11.5%,
), up 9.9%,
), up 4.6% and
), up 4.1%.
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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 $41.0 billion and is part of the technology sector. Shares are up 49.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Hewlett-Packard a buy, 6 analysts rate it a sell, and 15 rate it a hold.
TheStreet Ratings rates Hewlett-Packard as a
. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and deteriorating net income.
- You can view the full Hewlett-Packard Ratings Report.
On the negative front,
), down 5.7%,
), down 5.2%,
), down 4.1% and
), down 3.5% , 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.
- 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.
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