3 Stocks Boosting The Computer Hardware Industry Higher

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Two out of the three major indices traded up today One out of the three major indices traded up today The three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 30.21 points (-0.2%) at 16,882 as of Wednesday, July 30, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,028 issues advancing vs. 1,986 declining with 144 unchanged.

The Computer Hardware industry as a whole closed the day up 0.9% versus the S&P 500, which was up 0.1%. Top gainers within the Computer Hardware industry included Video Display ( VIDE), up 1.9%, Lantronix ( LTRX), up 6.2%, Dataram ( DRAM), up 21.8%, Hutchinson Technology ( HTCH), up 2.4% and Silicon Graphics International ( SGI), up 8.8%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Silicon Graphics International ( SGI) is one of the companies that pushed the Computer Hardware industry higher today. Silicon Graphics International was up $0.79 (8.8%) to $9.80 on average volume. Throughout the day, 249,248 shares of Silicon Graphics International exchanged hands as compared to its average daily volume of 274,200 shares. The stock ranged in a price between $9.13-$9.81 after having opened the day at $9.13 as compared to the previous trading day's close of $9.01.

Silicon Graphics International has a market cap of $301.3 million and is part of the technology sector. Shares are down 32.8% year-to-date as of the close of trading on Tuesday.

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Highlights from TheStreet Ratings analysis on SGI go as follows:

You can view the full analysis from the report here: Silicon Graphics International Ratings Report

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