Hewlett-Packard Co (HPQ): Today's Featured Computer Hardware Laggard

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.

Hewlett-Packard ( HPQ) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Hewlett-Packard fell 42 cents (-2.5%) to $16.53 on average volume. Throughout the day, 38.7 million shares of Hewlett-Packard exchanged hands as compared to its average daily volume of 30 million shares. The stock ranged in price between $16.38-$16.86 after having opened the day at $16.82 as compared to the previous trading day's close of $16.95. Other companies within the Computer Hardware industry that declined today were: 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%.
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Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. Hewlett-Packard has a market cap of $31.48 billion and is part of the technology sector. Shares are up 13.4% year to date as of the close of trading on Monday. Currently there is one analyst that rates Hewlett-Packard a buy, seven analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

On the positive front, 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%, were all gainers within the computer hardware industry with Stratasys ( SSYS) being today's featured computer hardware industry leader.

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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