Microsoft Corporation (MSFT): Today's Featured Computer Software & Services Laggard
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 lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Microsoft Corporation fell $0.53 (-1.5%) to $35.74 on light volume. Throughout the day, 35,374,532 shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 49,468,900 shares. The stock ranged in price between $35.49-$36.39 after having opened the day at $36.34 as compared to the previous trading day's close of $36.27. Other companies within the Computer Software & Services industry that declined today were:
(
), down 16.0%,
(
), down 4.9%,
(
), down 4.6% and
(
), down 3.8%.
Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. Microsoft Corporation has a market cap of $302.1 billion and is part of the technology sector. Shares are up 35.4% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Microsoft Corporation
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, increase in stock price during the past year, attractive valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Microsoft Corporation Ratings Report.
On the positive front,
(
), up 11.4%,
(
), up 7.4%,
(
), up 7.0% and
(
), up 7.0% , were all gainers within the computer software & services industry with
(
) being today's featured computer software & services industry leader.
- 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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