Lexmark International Inc. (LXK): 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.

Lexmark International ( LXK) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 0.5%. By the end of trading, Lexmark International rose $1.53 (3.9%) to $40.76 on heavy volume. Throughout the day, 2,373,795 shares of Lexmark International exchanged hands as compared to its average daily volume of 881,800 shares. The stock ranged in a price between $39.05-$41.19 after having opened the day at $39.15 as compared to the previous trading day's close of $39.23. Other companies within the Computer Hardware industry that increased today were: Performance Technologies ( PTIX), up 71.7%, Universal Display Corporation ( PANL), up 7.2%, Universal Display Corporation ( OLED), up 7.2% and SMART Technologies ( SMT), up 5.9%.

Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices. It offers laser printers, inkjet printers, and multifunction devices, as well as cartridges and other supplies, services, and solutions. Lexmark International has a market cap of $2.4 billion and is part of the technology sector. Shares are up 69.2% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Lexmark International a buy, 6 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Lexmark International as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the negative front, XRS ( XRSC), down 6.0%, Radisys Corporation ( RSYS), down 5.8%, Dot Hill Systems Corporation ( HILL), down 5.4% and Dataram Corporation ( DRAM), down 5.1% , were all laggards within the computer hardware industry with Juniper Networks ( JNPR) 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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