The computer hardware industry closed the day down 1.8%. Imation Corporation ( IMN), Universal Display Corporation ( PANL), Lexmark International Inc ( LXK), and Dot Hill Systems Corporation ( HILL) were all decliners today within the computer hardware industry with Hewlett-Packard ( HPQ) being today's featured computer hardware loser. Hewlett-Packard fell 97 cents (-3.7%) to $25.05 on light volume. Throughout the day, 15.1 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 29.2 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 $50.4 billion and is part of the technology sector. The company has a P/E ratio of six, 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 38.2% year to date as of the close of trading on Monday.

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, weak operating cash flow and a generally disappointing performance in the stock itself.

On the positive front, Dataram Corporation ( DRAM), Crossroads Systems Incorporated ( CRDS), Interphase ( INPH), and OCZ Technology Group Inc ( OCZ) were all gainers within the computer hardware industry with Juniper Networks Inc ( JNPR) being today's featured computer hardware industry winner.

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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