Intuit Inc. (INTU): Today's Featured Computer Software & Services Winner
(
) 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 1.9%. By the end of trading, Intuit rose $2.11 (3.5%) to $63.15 on heavy volume. Throughout the day, 4,351,966 shares of Intuit exchanged hands as compared to its average daily volume of 2,793,400 shares. The stock ranged in a price between $61.90-$63.83 after having opened the day at $62.10 as compared to the previous trading day's close of $61.04. Other companies within the Computer Software & Services industry that increased today were:
(
), up 260.0%,
(
), up 12.9%,
(
), up 10.4% and
(
), up 9.6%.
Intuit Inc. provides business and financial management solutions for small businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, the United Kingdom, India, and Singapore. Intuit has a market cap of $18.1 billion and is part of the technology sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Intuit a buy, no analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Intuit
as a
. 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, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Intuit Ratings Report.
On the negative front,
(
), down 12.4%,
(
), down 6.7%,
Mediabistro
(
MBIS
), down 6.7% and
(
), down 5.2% , 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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