Automatic Data Processing

(

ADP

) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services loser. The industry as a whole closed the day down 0.5%. By the end of trading, Automatic Data Processing fell 48 cents (-1%) to $48.77 on light volume. Throughout the day, 1.8 million shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in price between $48.54-$49.12 after having opened the day at $49.05 as compared to the previous trading day's close of $49.25. Other company's within the Computer Software & Services industry that declined today were:

Helios & Matheson Information Technology In

(

HMNYD

), down 18.8%,

Helios & Matheson Information Technology In

(

HMNY

), down 18.8%,

Recon Technology

(

RCON

), down 15.5%, and

Perfect World

(

PWRD

), down 14.5%.

Automatic Data Processing, Inc. provides business outsourcing solutions. The company operates in three segments: Employer Services, Professional Employer Organization (PEO) Services, and Dealer Services. Automatic Data Processing has a market cap of $24.38 billion and is part of the

technology

sector. The company has a P/E ratio of 19.4, 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 6.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Automatic Data Processing as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front,

Onstream Media Corporation

(

ONSM

), up 42.5%,

icad Inc

(

ICAD

), up 14.8%,

The9

(

NCTY

), up 11.6%, and

Netsol Technologies Inc

(

NTWK

), up 9.4%, were all gainers within the computer software & services industry with

Cognizant Technology Solutions Corporation

(

CTSH

) being today's featured computer software & services industry winner.

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

).

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