The computer hardware industry closed the day up 0.1%. STEC Inc ( STEC), Intermec Inc ( IN), Globecomm Systems Inc ( GCOM), and Overland Storage Inc ( OVRL) were all winners today within the computer hardware industry with Hewlett-Packard ( HPQ) being today's featured computer hardware winner. Hewlett-Packard rose 59 cents (2.5%) to $23.78 on average volume. Throughout the day, 26.8 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 28 million shares.

Hewlett-Packard Company offers various products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $46.9 billion and is part of the technology sector. The company has a P/E ratio of 5.6, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 44.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and generally poor debt management.

On the negative front, Hauppauge Digital ( HAUP), Lantronix Inc ( LTRX), Crossroads Systems Incorporated ( CRDS), and Mitek Systems Inc ( MITK) were all losers within the computer hardware industry with Seagate Technology ( STX) being today's computer hardware industry Loser Spotlight stock.

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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