EMC Corp (EMC): 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.

EMC ( EMC) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 1.3%. By the end of trading, EMC fell $0.85 (-3.2%) to $25.91 on heavy volume. Throughout the day, 50,905,924 shares of EMC exchanged hands as compared to its average daily volume of 22,193,200 shares. The stock ranged in price between $25.43-$26.29 after having opened the day at $26.18 as compared to the previous trading day's close of $26.76. Other companies within the Computer Hardware industry that declined today were: Nimble Storage ( NMBL), down 6.3%, Mad Catz Interactive ( MCZ), down 6.0%, Black Box ( BBOX), down 6.0% and Imation ( IMN), down 5.8%.

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It operates in three segments: Information Storage, Information Intelligence Group, and RSA Information Security. EMC has a market cap of $54.6 billion and is part of the technology sector. Shares are up 6.4% year to date as of the close of trading on Tuesday. Currently there are 22 analysts that rate EMC a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates EMC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, increase in stock price during the past year and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Gigamon ( GIMO), up 4.7%, Hutchinson Technology ( HTCH), up 2.9%, Super Micro Computer ( SMCI), up 2.1% and Astro-Med ( ALOT), up 1.6% , were all gainers within the computer hardware industry with Synaptics ( SYNA) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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