ANSYS Inc. (ANSS): Today's Featured Computer Software & Services Winner

ANSYS (ANSS) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.1%. By the end of trading, ANSYS rose $6.64 (11.1%) to $66.56 on heavy volume. Throughout the day, 1.7 million shares of ANSYS exchanged hands as compared to its average daily volume of 710,300 shares. The stock ranged in a price between $60.01-$67.42 after having opened the day at $65 as compared to the previous trading day's close of $59.92. Other companies within the Computer Software & Services industry that increased today were: Ellie Mae (ELLI), up 27.7%, Synchronoss Technologies (SNCR), up 22.4%, MedAssets (MDAS), up 19.9%, and Mitek Systems (MITK), up 19.3%.

• ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

ANSYS, Inc. develops and markets engineering simulation software and technologies used by engineers, designers, researchers, and students in aerospace, automotive, manufacturing, electronics, biomedical, energy, and defense industries and academia worldwide. ANSYS has a market cap of $5.59 billion and is part of the technology sector. The company has a P/E ratio of 30.9, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate ANSYS a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates ANSYS as a buy. 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

• You can view the full ANSYS Ratings Report.

On the negative front, Kingtone Wirelessinfo Solution (KONE), down 10.3%, Allot Communications (ALLT), down 10.1%, Webmedia Brands (WEBM), down 9.7%, and icad (ICAD), down 8.1%, were all laggards within the computer software & services industry with Salesforce.com (CRM) being today's computer software & services industry laggard.

• Use our computer software & services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

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).

• Find other investment ideas from our top rated ETFs lists.

For more information on ANSYS Inc. click any of the following:

• ANSYS Inc. Stock Price

• ANSYS Inc. Analyst Ratings

• ANSYS Inc. Key Stats & Profile

• ANSYS Inc. Earnings

• ANSYS Inc. Ratio Comparison

• ANSYS Inc. Growth Rates

• ANSYS Inc. Balance Sheet

• ANSYS Inc. Cash Flow

• ANSYS Inc. Income Statement