Teradata Corporation

(

TDC

) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.8%. By the end of trading, Teradata Corporation rose $2.16 (3.3%) to $67.93 on light volume. Throughout the day, 1.1 million shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $66.46-$68.40 after having opened the day at $67.79 as compared to the previous trading day's close of $65.77. Other companies within the Computer Hardware industry that increased today were:

Western Digital Corporation

(

WDC

), up 20.9%,

Quantum Corporation

(

QTM

), up 14.8%,

Datalink Corporation

(

DTLK

), up 14.3%, and

Seagate Technology

(

STX

), up 14.3%.

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Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions that comprise software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $11.06 billion and is part of the

technology

sector. The company has a P/E ratio of 29.8, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 35.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Teradata Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Teradata Corporation as a

buy

. 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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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