Cisco Systems Inc (CSCO): Today's Featured Computer Hardware Winner

Cisco Systems ( CSCO) 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, Cisco Systems rose $0.38 (1.6%) to $24.38 on average volume. Throughout the day, 32,332,991 shares of Cisco Systems exchanged hands as compared to its average daily volume of 41,547,200 shares. The stock ranged in a price between $24.18-$24.45 after having opened the day at $24.30 as compared to the previous trading day's close of $24.00. Other companies within the Computer Hardware industry that increased today were: Synaptics ( SYNA), up 8.7%, Brocade Communications Systems ( BRCD), up 6.2%, Interphase ( INPH), up 5.1% and Overland Storage ( OVRL), up 4.3%.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP) based networking and other products related to the communications and information technology industries worldwide. Cisco Systems has a market cap of $128.6 billion and is part of the technology sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 22.4% year to date as of the close of trading on Tuesday. Currently there are 22 analysts that rate Cisco Systems a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Cisco Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Identive Group ( INVE), down 6.8%, Radcom ( RDCM), down 5.8%, Hauppauge Digital ( HAUP), down 5.6% and Echelon Corporation ( ELON), down 4.1%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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