EMC Corporation (EMC): Today's Featured Computer Hardware Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

EMC Corporation ( EMC) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.5%. By the end of trading, EMC Corporation fell $0.30 (-1.2%) to $25.22 on light volume. Throughout the day, 13,733,771 shares of EMC Corporation exchanged hands as compared to its average daily volume of 21,640,300 shares. The stock ranged in price between $25.15-$25.46 after having opened the day at $25.37 as compared to the previous trading day's close of $25.52. Other companies within the Computer Hardware industry that declined today were: Dataram Corporation ( DRAM), down 6.8%, Mad Catz Interactive ( MCZ), down 5.2%, Silicom ( SILC), down 4.5% and Overland Storage ( OVRL), down 3.5%.

EMC Corporation, together with its subsidiaries, develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. EMC Corporation has a market cap of $53.8 billion and is part of the technology sector. Shares are up 0.9% year to date as of the close of trading on Friday. Currently there are 26 analysts that rate EMC Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates EMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Radcom ( RDCM), up 24.1%, SMART Technologies ( SMT), up 5.8%, Hutchinson Technology ( HTCH), up 5.2% and Silicon Graphics International ( SGI), up 5.1% , were all gainers within the computer hardware industry with Hewlett-Packard ( HPQ) 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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