3 Computer Hardware Stocks Moving The Industry Upward

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All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 154 points (0.9%) at 17,210 as of Wednesday, Sept. 24, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,794 issues advancing vs. 1,244 declining with 169 unchanged.

The Computer Hardware industry as a whole closed the day up 0.2% versus the S&P 500, which was up 0.8%. Top gainers within the Computer Hardware industry included Mad Catz Interactive ( MCZ), up 1.6%, China TechFaith Wireless Comm Tech ( CNTF), up 1.6%, Dataram ( DRAM), up 3.4%, Silver Spring Networks ( SSNI), up 3.6% and Silicom ( SILC), up 2.2%.

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

Silver Spring Networks ( SSNI) is one of the companies that pushed the Computer Hardware industry higher today. Silver Spring Networks was up $0.33 (3.6%) to $9.36 on average volume. Throughout the day, 226,736 shares of Silver Spring Networks exchanged hands as compared to its average daily volume of 273,900 shares. The stock ranged in a price between $9.10-$9.38 after having opened the day at $9.15 as compared to the previous trading day's close of $9.03.

Silver Spring Networks has a market cap of $439.4 million and is part of the technology sector. Shares are down 57.0% year-to-date as of the close of trading on Tuesday.

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