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Cognizant Technology Solutions Corporation



) 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 down 0.8%. By the end of trading, Cognizant Technology Solutions Corporation fell $1.22 (-2.1%) to $57.31 on light volume. Throughout the day, two million shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in price between $57.14-$59.08 after having opened the day at $58.49 as compared to the previous trading day's close of $58.53. Other company's within the Computer Software & Services industry that declined today were:

Chyron Corporation



), down 15.1%,

Netsol Technologies



), down 10.2%,




), down 8.1%, and

Wizzard Software Corporation



), down 7.6%.

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Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services in North America, Europe, and internationally. Cognizant Technology Solutions Corporation has a market cap of $17.34 billion and is part of the


sector. The company has a P/E ratio of 19.2, 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 down 9% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Cognizant Technology Solutions Corporation as a


. The company's strengths can be seen in multiple areas, such as its robust 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 reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,




), up 16.6%,

Intellicheck Mobilisa



), up 13%,

Streamline Health Solutions



), up 12%, and

Onstream Media Corporation



), up 11.2%, were all gainers within the computer software & services industry with




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

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iShares S&P NA Tech Software Idx



) while those bearish on the computer software & services industry could consider

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