Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 1.2%. By the end of trading, Stratasys fell $2.30 (-2.3%) to $97.08 on average volume. Throughout the day, 1,601,743 shares of Stratasys exchanged hands as compared to its average daily volume of 1,324,300 shares. The stock ranged in price between $94.25-$101.31 after having opened the day at $101.29 as compared to the previous trading day's close of $99.38. Other companies within the Computer Hardware industry that declined today were:
), down 7.9%,
), down 6.5%,
), down 6.2% and
), down 5.7%.
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Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $5.1 billion and is part of the technology sector. Shares are down 26.2% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Stratasys a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.
- You can view the full Stratasys Ratings Report.
On the positive front,
), up 3.9%,
), up 2.2%,
), up 2.0% and
), up 1.9% , were all gainers within the computer hardware industry with
) being today's featured computer hardware industry leader.
- 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.