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Fortinet Inc. (FTNT): Today's Featured Computer Software & Services Winner

The computer software & services industry closed the day down 2%. BluePhoenix Solutions ( BPHX), CyberDefender ( CYDE), Recon Technology ( RCON), and DemandTec Inc ( DMAN) were all winners today within the computer software & services industry with Fortinet Inc ( FTNT) being today's featured computer software & services winner. Fortinet Inc rose 15 cents (0.9%) to $16.95 on average volume. Throughout the day, 2.6 million shares of Fortinet Inc exchanged hands as compared to its average daily volume of 2.8 million shares.

Fortinet, Inc., together with its subsidiaries, provides network security appliances and unified threat management (UTM) network security solutions to enterprises, service providers, and government entities worldwide. Fortinet Inc has a market cap of $2.5 billion and is part of the technology sector. The company has a P/E ratio of 45.8, below the average computer software & services industry P/E ratio of 46.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Fortinet as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the negative front, Bridgeline Digital Inc ( BLIN), iSoftStone Holdings ( ISS), Camelot Information Systems Inc ( CIS), and Asiainfo-Linkage Inc ( ASIA) were all losers within the computer software & services industry with China Digital TV ( STV) being today's computer software & services industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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