Teradata Corporation (TDC): Today's Featured Computer Hardware Laggard

Teradata Corporation ( TDC) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Teradata Corporation fell $0.62 (-1.2%) to $50.02 on light volume. Throughout the day, 1,261,974 shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2,555,300 shares. The stock ranged in price between $49.58-$50.74 after having opened the day at $50.62 as compared to the previous trading day's close of $50.64. Other companies within the Computer Hardware industry that declined today were: iGo ( IGOI), down 5.6%, Hauppauge Digital ( HAUP), down 5.1%, China TechFaith Wireless Comm Tech ( CNTF), down 3.9% and Universal Display Corporation ( OLED), down 2.5%.

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 $8.2 billion and is part of the technology sector. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are down 18.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Teradata Corporation a buy, 2 analysts rate 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, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Performance Technologies ( PTIX), up 6.4%, Silicon Graphics International ( SGI), up 5.7%, OCZ Technology Group ( OCZ), up 5.2% and Ruckus Wireless ( RKUS), up 5.1% , were all gainers within the computer hardware industry with NetApp ( NTAP) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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