The technology sector closed the day up 1.1%. Tegal Corporation ( TGAL), Zoom Technologies Inc ( ZOOM), Zoo Entertainment Inc ( ZOOG), and CyberDefender ( CYDE) were all winners today within the technology sector with VMWare Inc ( VMW) being today's featured technology winner. VMWare Inc rose $2.77 (3.2%) to $88.20 on light volume. Throughout the day, 594,839 shares of VMWare Inc exchanged hands as compared to its average daily volume of 2.9 million shares. VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. VMWare Inc has a market cap of $34.4 billion and is part of the computer software & services industry. The company has a P/E ratio of 42, below the average computer software & services industry P/E ratio of 63.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 8.3% year to date as of the close of trading on Wednesday. TheStreet Ratings rates VMWare 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 lackluster performance in the stock itself.
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