Riverbed Technology Incorporated

(

RVBD

) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day down 0.3%. By the end of trading, Riverbed Technology Incorporated rose 10 cents (0.6%) to $16.40 on average volume. Throughout the day, 5.1 million shares of Riverbed Technology Incorporated exchanged hands as compared to its average daily volume of 4.4 million shares. The stock ranged in a price between $15.91-$16.59 after having opened the day at $16.20 as compared to the previous trading day's close of $16.30. Other companies within the Computer Hardware industry that increased today were:

Top Image Systems

(

TISA

), up 9%,

iGo

(

IGOI

), up 5.6%,

Silicon Graphics International

(

SGI

), up 4.6%, and

Video Display Corporation

(

VIDE

), up 3.7%.

Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology performance across wide area networks (WANs) in the United States and internationally. Riverbed Technology Incorporated has a market cap of $2.69 billion and is part of the

technology

sector. The company has a P/E ratio of 49.9, above the average computer hardware industry P/E ratio of 48.5 and above the S&P 500 P/E ratio of 17.7. Shares are down 30.6% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Riverbed Technology Incorporated a buy, two analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates Riverbed Technology Incorporated as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and premium valuation.

On the negative front,

Xata Corporation

(

XATA

), down 9.5%,

Key Tronic Corporation

(

KTCC

), down 5.6%,

Teradata Corporation

(

TDC

), down 4.8%, and

Transact Technologies

(

TACT

), down 4.3%, were all losers within the computer hardware industry with

Dell

(

DELL

) being today's computer hardware industry loser.

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

(

IYW

) while those bearish on the computer hardware industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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