Cisco Systems Inc (CSCO): Today's Featured Computer Hardware Winner

The computer hardware industry closed the day up 0.9%. Hauppauge Digital ( HAUP), Lantronix Inc ( LTRX), Rimage Corporation ( RIMG), and Pinnacle Data Systems Inc ( PNS) were all winners today within the computer hardware industry with Cisco Systems Inc ( CSCO) being today's featured computer hardware winner. Cisco Systems Inc rose 26 cents (1.5%) to $17.25 on average volume. Throughout the day, 65.5 million shares of Cisco Systems Inc exchanged hands as compared to its average daily volume of 73.8 million shares.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. Cisco Systems Inc has a market cap of $92 billion and is part of the technology sector. The company has a P/E ratio of 14.6, 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 15.5% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Cisco Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels 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 weak operating cash flow.

On the negative front, Brocade Communications Systems Inc ( BRCD), Identive Group Inc ( INVE), Radcom ( RDCM), and Western Digital Corporation ( WDC) were all losers within the computer hardware industry with Juniper Networks Inc ( JNPR) 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).

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%