Check Point Software Technologies

(

CHKP

) 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 0.2%. By the end of trading, Check Point Software Technologies rose 25 cents (0.5%) to $48.57 on light volume. Throughout the day, 1.7 million shares of Check Point Software Technologies exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $48.20-$49.16 after having opened the day at $48.33 as compared to the previous trading day's close of $48.32. Other companies within the Computer Software & Services industry that increased today were:

Avid Technology

(

AVID

), up 21.7%,

Virtusa Corporation

(

VRTU

), up 19.2%,

Medidata Solutions

(

MDSO

), up 13.6%, and

Dun & Bradstreet Corporation

(

DNB

), up 13.4%.

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Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (IT) security worldwide. Check Point Software Technologies has a market cap of $10.43 billion and is part of the

technology

sector. The company has a P/E ratio of 29.3, above the average computer software & services industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 8% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Check Point Software Technologies a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Check Point Software Technologies as a

buy

. 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

LogMeIn

(

LOGM

), down 22.3%,

Advent Software

(

ADVS

), down 16%,

CounterPath Corporation

(

CPAH

), down 9.3%, and

Intellicheck Mobilisa

(

IDN

), down 9.1%, were all laggards within the computer software & services industry with

Oracle Corporation

(

ORCL

) being today's computer software & services industry laggard.

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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