International Business Machines Corp (IBM): Today's Featured Computer Hardware Laggard

International Business Machines ( IBM) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 0.1%. By the end of trading, International Business Machines fell $3.68 (-1.9%) to $191.30 on average volume. Throughout the day, 5,185,537 shares of International Business Machines exchanged hands as compared to its average daily volume of 4,377,000 shares. The stock ranged in price between $190.78-$192.80 after having opened the day at $191.79 as compared to the previous trading day's close of $194.98. Other companies within the Computer Hardware industry that declined today were: OCZ Technology Group ( OCZ), down 5.0%, Key Tronic Corporation ( KTCC), down 3.8%, Interphase ( INPH), down 3.4% and Logitech International S.A ( LOGI), down 3.0%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. International Business Machines has a market cap of $216.1 billion and is part of the technology sector. Shares are up 1.8% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Acorn Energy ( ACFN), up 4.0%, Synaptics ( SYNA), up 3.9%, Silicom ( SILC), up 3.7% and Mercury Systems ( MRCY), up 3.1% , 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).

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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