STEC Inc. (STEC): Today's Featured Computer Hardware Loser
The
industry closed the day up 2.1%.
(
),
(
),
(
), and
(
) were all decliners today within the computer hardware industry with
(
) being today's featured computer hardware loser. STEC Inc fell 11 cents (-1%) to $10.71 on light volume. Throughout the day, 986,003 shares of STEC Inc exchanged hands as compared to its average daily volume of 2.1 million shares.
STEC, Inc. designs, manufactures, and markets enterprise-class flash solid-state drives (SSDs) for use in high-performance storage and server systems. STEC Inc has a market cap of $528.3 million and is part of the
sector. The company has a P/E ratio of 9.7, below the average computer hardware industry P/E ratio of 9.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 38.7% year to date as of the close of trading on Thursday.
TheStreet Ratings rates STEC as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity.
- You can view the full STEC Ratings Report.
On the positive front,
(
),
(
),
(
), and
(
) were all gainers within the computer hardware industry with
International Business Machines
(
) being today's featured computer hardware industry winner.
- 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
iShares Dow Jones US Technology
(
) while those bearish on the computer hardware industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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