International Business Machines Corp (IBM): Today's Featured Computer Hardware Loser

International Business Machines ( IBM) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware loser. The industry as a whole closed the day down 1.5%. By the end of trading, International Business Machines fell $2.25 (-1.1%) to $204.99 on average volume. Throughout the day, 3.9 million shares of International Business Machines exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $204.40-$207.11 after having opened the day at $206.47 as compared to the previous trading day's close of $207.24. Other company's within the Computer Hardware industry that declined today were: iGo ( IGOI), down 6.9%, Dataram Corporation ( DRAM), down 5.9%, Top Image Systems ( TISA), down 5.8%, and Radisys Corporation ( RSYS), down 5.6%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $239.99 billion and is part of the technology sector. The company has a P/E ratio of 15.6, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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).