Electronic Arts Inc. (EA): Today's Featured Computer Software & Services Winner
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.
(
) 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, Electronic Arts rose $1.18 (4.8%) to $25.82 on average volume. Throughout the day, 6,644,258 shares of Electronic Arts exchanged hands as compared to its average daily volume of 4,847,200 shares. The stock ranged in a price between $24.35-$25.94 after having opened the day at $24.38 as compared to the previous trading day's close of $24.64. Other companies within the Computer Software & Services industry that increased today were:
(
), up 18.5%,
(
), up 16.0%,
(
), up 15.7% and
(
), up 15.0%.
Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $7.8 billion and is part of the technology sector. Shares are up 75.0% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Electronic Arts
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Electronic Arts Ratings Report.
On the negative front,
(
), down 22.2%,
(
), down 14.0%,
China Mobile Games and Entertainment Group
(
), down 10.9% and
(
), down 7.8% , were all laggards within the computer software & services industry with
(
) 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
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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