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

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.

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 1.1%. By the end of trading, Teradata Corporation rose $1.88 (3.3%) to $59.59 on light volume. Throughout the day, 1,528,217 shares of Teradata Corporation exchanged hands as compared to its average daily volume of 2,096,100 shares. The stock ranged in a price between $57.37-$59.89 after having opened the day at $57.62 as compared to the previous trading day's close of $57.71. Other companies within the Computer Hardware industry that increased today were: SMART Technologies ( SMT), up 11.6%, Logitech International S.A ( LOGI), up 10.5%, Dataram Corporation ( DRAM), up 9.0% and Immersion Corporation ( IMMR), up 6.3%.

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 $9.4 billion and is part of the technology sector. Shares are down 7.3% year to date as of the close of trading on Wednesday. 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, 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, Performance Technologies ( PTIX), down 5.3%, Identive Group ( INVE), down 4.7%, Seagate Technology ( STX), down 4.2% and XRS ( XRSC), down 2.9% , were all laggards within the computer hardware industry with Western Digital Corporation ( WDC) being today's computer hardware industry laggard.

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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