Stratasys LTD (SSYS): 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.

Stratasys ( SSYS) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 0.9%. By the end of trading, Stratasys rose $1.29 (1.6%) to $84.49 on light volume. Throughout the day, 313,627 shares of Stratasys exchanged hands as compared to its average daily volume of 622,000 shares. The stock ranged in a price between $82.10-$84.77 after having opened the day at $82.84 as compared to the previous trading day's close of $83.20. Other companies within the Computer Hardware industry that increased today were: Radcom ( RDCM), up 15.4%, Radisys Corporation ( RSYS), up 13.3%, Ruckus Wireless ( RKUS), up 11.5%, and Xplore Technologies Corporation Class A ( XPLR), up 10.2%.
  • 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.

Stratasys Ltd. offers manufacture and sale of three-dimensional (3D) printers and materials that create prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its 3D printers are based on patented fused deposition modeling (FDM) and PolyJet inkjet-based technologies. Stratasys has a market cap of $1.84 billion and is part of the industrial goods sector. The company has a P/E ratio of 88.2, above the S&P 500 P/E ratio of 17.7. Shares are up 146.5% year to date as of the close of trading on Monday. Currently there are three analysts that rate Stratasys a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Stratasys as a buy. 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, SMART Technologies ( SMT), down 6.9%, XRS ( XRSC), down 5.4%, Concurrent Computer Corporation ( CCUR), down 4.9%, and Logitech International S.A ( LOGI), down 4.6%, were all laggards within the computer hardware industry with Hewlett-Packard ( HPQ) 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.