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Brocade Communications Systems ( BRCD) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day down 0.8%. By the end of trading, Brocade Communications Systems rose $0.08 (1.0%) to $8.08 on heavy volume. Throughout the day, 11,517,379 shares of Brocade Communications Systems exchanged hands as compared to its average daily volume of 6,444,500 shares. The stock ranged in a price between $7.82-$8.12 after having opened the day at $7.99 as compared to the previous trading day's close of $8.00. Other companies within the Computer Hardware industry that increased today were: Xyratex ( XRTX), up 7.5%, Crossroads Systems ( CRDS), up 6.4%, Video Display Corporation ( VIDE), up 5.7% and OCZ Technology Group ( OCZ), up 2.1%.

Brocade Communications Systems, Inc. engages in the supply of Internet protocol based Ethernet networking solutions and storage area networking (SAN) solutions to businesses and organizations worldwide. Brocade Communications Systems has a market cap of $3.6 billion and is part of the technology sector. Shares are up 53.5% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Brocade Communications Systems a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Brocade Communications Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Acorn Energy ( ACFN), down 6.8%, Silicon Graphics International ( SGI), down 5.4%, Echelon Corporation ( ELON), down 5.2% and Radisys Corporation ( RSYS), down 4.3% , were all laggards within the computer hardware industry with NetApp ( NTAP) 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).

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