Sap AG (SAP): 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 1.3%. By the end of trading, Sap rose $2.79 (3.9%) to $74.56 on average volume. Throughout the day, 1,148,451 shares of Sap exchanged hands as compared to its average daily volume of 1,490,500 shares. The stock ranged in a price between $73.36-$74.67 after having opened the day at $73.73 as compared to the previous trading day's close of $71.77. Other companies within the Computer Software & Services industry that increased today were:
(
), up 35.1%,
(
), up 12.8%,
(
), up 6.2% and
(
), up 6.0%.
SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap has a market cap of $85.7 billion and is part of the technology sector. Shares are down 10.7% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Sap a buy, 3 analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Sap
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, increase in stock price during the past year, reasonable 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 Sap Ratings Report.
On the negative front,
(
), down 11.5%,
(
), down 9.8%,
(
), down 7.2% and
(
), down 4.2%.
- 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.
null