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Brocade Communications Systems ( BRCD) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Brocade Communications Systems fell $0.10 (-1.0%) to $9.62 on light volume. Throughout the day, 2,763,974 shares of Brocade Communications Systems exchanged hands as compared to its average daily volume of 5,545,700 shares. The stock ranged in price between $9.54-$9.76 after having opened the day at $9.68 as compared to the previous trading day's close of $9.72. Other companies within the Computer Hardware industry that declined today were: SMART Technologies ( SMT), down 8.3%, Acorn Energy ( ACFN), down 4.4%, Crossroads Systems ( CRDS), down 4.1% and Nimble Storage ( NMBL), down 2.5%.

Brocade Communications Systems, Inc. provides Internet protocol based networking solutions and storage area networking (SAN) solutions to businesses and organizations worldwide. Brocade Communications Systems has a market cap of $4.2 billion and is part of the technology sector. Shares are up 9.6% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Brocade Communications Systems a buy, 1 analyst rates it a sell, and 11 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. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Super Micro Computer ( SMCI), up 6.3%, Overland Storage ( OVRL), up 6.3%, Synaptics ( SYNA), up 5.6% and Dataram Corporation ( DRAM), up 4.6% , were all gainers within the computer hardware industry with International Business Machines ( IBM) 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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