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

Riverbed Technology Incorporated



) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Riverbed Technology Incorporated fell $0.16 (-1.1%) to $15.00 on light volume. Throughout the day, 1,739,577 shares of Riverbed Technology Incorporated exchanged hands as compared to its average daily volume of 3,494,500 shares. The stock ranged in price between $14.90-$15.11 after having opened the day at $15.05 as compared to the previous trading day's close of $15.16. Other companies within the Computer Hardware industry that declined today were:

Hauppauge Digital



), down 6.4%,




), down 5.8%,

Ruckus Wireless



), down 4.8% and




), down 4.3%.

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Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology (IT) performance across wide area networks (WANs) in the United States and internationally. Riverbed Technology Incorporated has a market cap of $2.5 billion and is part of the technology sector. The company has a P/E ratio of 64.5, above the S&P 500 P/E ratio of 17.7. Shares are down 21.5% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Riverbed Technology Incorporated a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Riverbed Technology Incorporated as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year.

On the positive front,

Dataram Corporation



), down 18.8%,

SMART Technologies



), down 6.8%,

Hutchinson Technology



), down 5.2% and

Xplore Technologies Corporation Class A



), down 4.5% , were all gainers within the computer hardware industry with

Finisar Corporation



) being today's featured computer hardware industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider

iShares Dow Jones US Technology



) while those bearish on the computer hardware industry could consider

ProShares Ultra Short Semiconductor




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