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 Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Hewlett-Packard fell 22 cents (-1.5%) to $14.04 on light volume. Throughout the day, 18.1 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 26.9 million shares. The stock ranged in price between $14.03-$14.36 after having opened the day at $14.34 as compared to the previous trading day's close of $14.26. Other companies within the Technology sector that declined today were:
), down 33.3%,
), down 15.3%,
), down 13.5%, and
), down 11.8%.
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Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $28.92 billion and is part of the computer hardware industry. Shares are down 44.6% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Hewlett-Packard a buy, eight analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates Hewlett-Packard as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, poor profit margins and generally high debt management risk.
- You can view the full Hewlett-Packard Ratings Report.
On the positive front,
), up 68%,
), up 19.2%,
), up 19.1%, and
), up 16.9%, were all gainers within the technology sector with
) being today's featured technology sector leader.
- Use our technology section to find sector-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 technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.
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