Lexmark International Inc. (LXK): Today's Featured Computer Hardware Laggard

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 lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Lexmark International fell $0.50 (-1.2%) to $42.23 on average volume. Throughout the day, 904,395 shares of Lexmark International exchanged hands as compared to its average daily volume of 1,085,900 shares. The stock ranged in price between $42.10-$43.12 after having opened the day at $42.66 as compared to the previous trading day's close of $42.73. Other companies within the Computer Hardware industry that declined today were: Nimble Storage ( NMBL), down 5.3%, Crossroads Systems ( CRDS), down 4.8%, Dataram Corporation ( DRAM), down 4.3% and Lantronix ( LTRX), down 2.6%.

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 $2.6 billion and is part of the technology sector. Shares are up 20.3% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Lexmark International a buy, 4 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Lexmark International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Radisys Corporation ( RSYS), up 8.8%, China TechFaith Wireless Comm Tech ( CNTF), up 8.8%, Extreme Networks ( EXTR), up 5.5% and Electronics for Imaging ( EFII), up 4.7% , were all gainers within the computer hardware industry with EMC Corporation ( EMC) being today's featured computer hardware industry leader.

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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