Stratasys Ltd (SSYS): 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.

Stratasys ( SSYS) pushed the Computer Hardware industry higher today making it today's featured computer hardware winner. The industry as a whole closed the day up 1.6%. By the end of trading, Stratasys rose $3.34 (2.8%) to $121.37 on average volume. Throughout the day, 983,068 shares of Stratasys exchanged hands as compared to its average daily volume of 1,219,200 shares. The stock ranged in a price between $117.37-$121.91 after having opened the day at $118.40 as compared to the previous trading day's close of $118.03. Other companies within the Computer Hardware industry that increased today were: Lantronix ( LTRX), up 23.6%, Echelon Corporation ( ELON), up 19.1%, China TechFaith Wireless Comm Tech ( CNTF), up 12.4% and Lexmark International ( LXK), up 9.2%.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $5.9 billion and is part of the technology sector. The company has a P/E ratio of 209.3, above the S&P 500 P/E ratio of 17.7. Shares are down 12.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front, Apple ( AAPL), down 8.0%, M/A-COM Technology Solutions Holdings ( MTSI), down 2.2%, Acorn Energy ( ACFN), down 1.8% and Dataram Corporation ( DRAM), down 1.6% , were all laggards within the computer hardware industry with Seagate Technology ( STX) 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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