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.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 39 points (0.2%) at 17,554 as of Wednesday, Jan. 21, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,967 issues advancing vs. 1,121 declining with 130 unchanged.

The Computer Hardware industry as a whole closed the day down 0.2% versus the S&P 500, which was up 0.5%. Top gainers within the Computer Hardware industry included Dataram ( DRAM), up 6.5%, Astro-Med ( ALOT), up 3.8%, Imation ( IMN), up 3.5%, Daktronics ( DAKT), up 1.8% and voxeljet AG ADR ( VJET), up 12.7%.

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

voxeljet AG ADR ( VJET) is one of the companies that pushed the Computer Hardware industry higher today. voxeljet AG ADR was up $0.97 (12.7%) to $8.62 on heavy volume. Throughout the day, 583,951 shares of voxeljet AG ADR exchanged hands as compared to its average daily volume of 326,100 shares. The stock ranged in a price between $7.76-$8.68 after having opened the day at $7.90 as compared to the previous trading day's close of $7.65.

voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers. Its 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets. Voxeljet AG ADR has a market cap of $136.7 million and is part of the technology sector. Shares are down 5.8% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate voxeljet AG ADR a buy, no analysts rate it a sell, and 3 rate it a hold.

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TheStreet Ratings rates voxeljet AG ADR as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income.

Highlights from TheStreet Ratings analysis on VJET go as follows:

  • VOXELJET AG has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. For the next year, the market is expecting a contraction of 14.3% in earnings (-$0.24 versus -$0.21).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Machinery industry. The net income has significantly decreased by 743.3% when compared to the same quarter one year ago, falling from $0.26 million to -$1.69 million.
  • VJET, with its decline in revenue, underperformed when compared the industry average of 3.0%. Since the same quarter one year prior, revenues fell by 16.7%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Compared to other companies in the Machinery industry and the overall market, VOXELJET AG's return on equity significantly trails that of both the industry average and the S&P 500.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 82.11%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 600.00% compared to the year-earlier quarter.

You can view the full analysis from the report here: voxeljet AG ADR Ratings Report

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At the close, Daktronics ( DAKT) was up $0.21 (1.8%) to $12.04 on average volume. Throughout the day, 179,717 shares of Daktronics exchanged hands as compared to its average daily volume of 180,600 shares. The stock ranged in a price between $11.74-$12.05 after having opened the day at $11.83 as compared to the previous trading day's close of $11.83.

Daktronics, Inc., together with its subsidiaries, designs, manufactures, and sells various electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, Schools and Theatres, Transportation, and International. Daktronics has a market cap of $511.8 million and is part of the technology sector. Shares are down 5.4% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Daktronics a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Daktronics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from TheStreet Ratings analysis on DAKT go as follows:

  • DAKT's revenue growth has slightly outpaced the industry average of 0.9%. Since the same quarter one year prior, revenues slightly increased by 7.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • DAKT's debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.25, which illustrates the ability to avoid short-term cash problems.
  • DAKTRONICS INC's earnings per share declined by 33.3% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, DAKTRONICS INC reported lower earnings of $0.51 versus $0.53 in the prior year. This year, the market expects an improvement in earnings ($0.60 versus $0.51).
  • The gross profit margin for DAKTRONICS INC is currently lower than what is desirable, coming in at 25.80%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 4.46% trails that of the industry average.

You can view the full analysis from the report here: Daktronics Ratings Report

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

Imation ( IMN) was another company that pushed the Computer Hardware industry higher today. Imation was up $0.13 (3.5%) to $3.79 on light volume. Throughout the day, 57,710 shares of Imation exchanged hands as compared to its average daily volume of 103,100 shares. The stock ranged in a price between $3.62-$3.80 after having opened the day at $3.65 as compared to the previous trading day's close of $3.66.

Imation Corp., together with its subsidiaries, operates as a data storage and data security company worldwide. The company operates in two segments, Consumer Storage and Accessories (CSA), and Tiered Storage and Security Solutions (TSS). Imation has a market cap of $162.2 million and is part of the technology sector. Shares are down 3.4% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Imation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Imation as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Highlights from TheStreet Ratings analysis on IMN go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Computers & Peripherals industry. The net income has significantly decreased by 75.9% when compared to the same quarter one year ago, falling from -$34.90 million to -$61.40 million.
  • Net operating cash flow has significantly decreased to $3.60 million or 75.17% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The gross profit margin for IMATION CORP is rather low; currently it is at 23.60%. Regardless of IMN's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, IMN's net profit margin of -35.08% significantly underperformed when compared to the industry average.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 31.65%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 129.23% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • IMATION CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, IMATION CORP continued to lose money by earning -$0.61 versus -$8.73 in the prior year. For the next year, the market is expecting a contraction of 119.7% in earnings (-$1.34 versus -$0.61).

You can view the full analysis from the report here: Imation Ratings Report

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

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.