Teradata Corporation (TDC): Today's Featured Computer Hardware Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Teradata Corporation ( TDC) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day down 0.9%. By the end of trading, Teradata Corporation rose $1.02 (1.6%) to $63.85 on average volume. Throughout the day, 1.9 million shares of Teradata Corporation exchanged hands as compared to its average daily volume of two million shares. The stock ranged in a price between $62.26-$64.46 after having opened the day at $62.55 as compared to the previous trading day's close of $62.83. Other companies within the Computer Hardware industry that increased today were: XRS ( XRSC), up 14.8%, SMART Technologies ( SMT), up 6.8%, Hauppauge Digital ( HAUP), up 6.6%, and Hutchinson Technology ( HTCH), up 4.2%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions that comprise software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $10.53 billion and is part of the technology sector. The company has a P/E ratio of 26.5, above the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Teradata Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Teradata Corporation 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Dot Hill Systems Corporation ( HILL), down 20.7%, Dataram Corporation ( DRAM), down 11.1%, Echelon Corporation ( ELON), down 7.8%, and Performance Technologies ( PTIX), down 7%, were all laggards within the computer hardware industry with NetApp ( NTAP) being today's computer hardware industry laggard.

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).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Analysts' Actions -- Tableau Data, Autodesk, Mattel, Hasbro, Shake Shack and More

Amazon Is Quietly Becoming a Major Player in Enterprise Software

Teradata Warrants a Wait-and-See Approach

3 Technology Companies to Dump Now

Teradata (TDC) Stock Falls on Q3 Revenue Miss, Guidance