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 up 0.3%. By the end of trading, Teradata Corporation rose $1.02 (1.9%) to $55.10 on average volume. Throughout the day, 2,412,806 shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2,506,300 shares. The stock ranged in a price between $54.06-$55.26 after having opened the day at $54.11 as compared to the previous trading day's close of $54.08. Other companies within the Computer Hardware industry that increased today were: Dataram Corporation ( DRAM), up 38.0%, Performance Technologies ( PTIX), up 10.3%, OCZ Technology Group ( OCZ), up 9.5% and Video Display Corporation ( VIDE), up 6.5%.
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Teradata Corporation provides analytic data solutions worldwide. The company offers data warehousing solutions that include software, hardware, and related business consulting and support services. Teradata Corporation has a market cap of $8.5 billion and is part of the technology sector. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are down 12.6% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Teradata Corporation a buy, 1 analyst rates it a sell, and 5 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 largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Quantum Corporation ( QTM), down 10.5%, STEC ( STEC), down 7.5%, Radcom ( RDCM), down 7.4% and Acorn Energy ( ACFN), down 6.4%.

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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