Dell Inc (DELL): 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

Dell ( DELL) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Dell fell $0.16 (-1.2%) to $13.24 on heavy volume. Throughout the day, 55,547,249 shares of Dell exchanged hands as compared to its average daily volume of 31,299,900 shares. The stock ranged in price between $13.20-$13.42 after having opened the day at $13.40 as compared to the previous trading day's close of $13.40. Other companies within the Computer Hardware industry that declined today were: Echelon Corporation ( ELON), down 5.6%, Lantronix ( LTRX), down 4.7%, OCZ Technology Group ( OCZ), down 4.6% and STEC ( STEC), down 4.5%.
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Dell Inc., an information technology company, provides a range of technology solutions worldwide. Dell has a market cap of $24.4 billion and is part of the technology sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 37.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates Dell as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins.

On the positive front, Performance Technologies ( PTIX), down 18.3%, Silicom ( SILC), down 8.5%, Synaptics ( SYNA), down 4.8% and XRS ( XRSC), down 4.6% , were all gainers within the computer hardware industry with Apple ( AAPL) 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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