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.

Synaptics ( SYNA) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day down 0.6%. By the end of trading, Synaptics rose $0.73 (1.7%) to $44.25 on average volume. Throughout the day, 686,581 shares of Synaptics exchanged hands as compared to its average daily volume of 712,200 shares. The stock ranged in a price between $43.06-$45.00 after having opened the day at $43.12 as compared to the previous trading day's close of $43.52. Other companies within the Computer Hardware industry that increased today were: Echelon Corporation ( ELON), up 7.7%, Silicom ( SILC), up 5.9%, Ruckus Wireless ( RKUS), up 2.9% and Cray ( CRAY), up 2.5%.

Synaptics Incorporated develops, markets, and sells custom-designed human interface solutions for electronic devices and products primarily in China, South Korea, Taiwan, Japan, and the United States. Synaptics has a market cap of $1.4 billion and is part of the technology sector. Shares are up 45.0% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Synaptics a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Synaptics as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Astro-Med ( ALOT), down 7.0%, Dataram Corporation ( DRAM), down 6.7%, Hauppauge Digital ( HAUP), down 6.4% and Video Display Corporation ( VIDE), down 5.7% , were all laggards within the computer hardware industry with EMC Corporation ( EMC) 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.