NICE-Systems Ltd. (NICE): Today's Featured Computer Hardware Loser

NICE-Systems ( NICE) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware loser. The industry as a whole closed the day up 0.9%. By the end of trading, NICE-Systems fell 19 cents (-0.5%) to $37.71 on light volume. Throughout the day, 164,829 shares of NICE-Systems exchanged hands as compared to its average daily volume of 242,300 shares. The stock ranged in price between $37.45-$38.14 after having opened the day at $37.91 as compared to the previous trading day's close of $37.90. Other company's within the Computer Hardware industry that declined today were: Lantronix ( LTRX), down 15.4%, Socket Mobile ( SCKT), down 7%, Radcom ( RDCM), down 5.2%, and Xata Corporation ( XATA), down 4.1%.

NICE-Systems Ltd. provides intent-based solutions that capture and analyze interactions and transactions, realize intent, and extract and leverage insights to deliver impact in real time. NICE-Systems has a market cap of $2.33 billion and is part of the technology sector. The company has a P/E ratio of 42.4, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate NICE-Systems a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates NICE-Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Logitech International S.A ( LOGI), up 21.4%, Dataram Corporation ( DRAM), up 7.5%, Silicon Graphics International ( SGI), up 6.5%, and Mitek Systems ( MITK), up 6%, were all gainers within the computer hardware industry with Cisco Systems ( CSCO) 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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