Universal Display Corporation (PANL): Today's Featured Computer Hardware Loser

The computer hardware industry was unchanged today. Interphase ( INPH), Omnicell Inc ( OMCL), Socket Mobile Inc ( SCKT), and Hauppauge Digital ( HAUP) were all decliners today within the computer hardware industry with Universal Display Corporation ( PANL) being today's featured computer hardware loser. Universal Display Corporation fell $1.26 (-2.6%) to $47.94 on light volume. Throughout the day, 648,435 shares of Universal Display Corporation exchanged hands as compared to its average daily volume of 2.3 million shares.

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel display, solid-state lighting, and other product applications. Universal Display Corporation has a market cap of $2.2 billion and is part of the technology sector. Shares are up 60.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Universal Display as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Emulex Corporation ( ELX), Silicom ( SILC), Quantum Corporation ( QTM), and Hutchinson Technology ( HTCH) were all gainers within the computer hardware industry with International Business Machines ( IBM) 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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