Logitech International S.A. (LOGI): Today's Featured Computer Hardware Winner

The computer hardware industry closed the day down 4.1%. Interphase ( INPH) and Xyratex ( XRTX) were all winners today within the computer hardware industry with Logitech International S.A ( LOGI) being today's featured computer hardware winner. Logitech International S.A rose 9 cents (1.1%) to $7.90 on light volume. Throughout the day, 1.1 million shares of Logitech International S.A exchanged hands as compared to its average daily volume of 2.1 million shares.

Logitech International S.A. designs, manufactures, and markets hardware and software products that enable digital navigation, music and video entertainment, gaming, social networking, audio, and video communication over the Internet, video security, and home-entertainment control. Logitech International S.A has a market cap of $1.4 billion and is part of the technology sector. The company has a P/E ratio of 18.2, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 57.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Logitech International as a hold. The company's strengths can be seen in multiple areas, such as its 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 deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Performance Technologies Inc ( PTIX), Hutchinson Technology ( HTCH), Universal Display Corporation ( PANL), and Pinnacle Data Systems Inc ( PNS) were all losers within the computer hardware industry with Hewlett-Packard ( HPQ) 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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