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 higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.4%. By the end of trading, Infosys rose $0.76 (1.3%) to $58.25 on average volume. Throughout the day, 964,808 shares of Infosys exchanged hands as compared to its average daily volume of 1,164,900 shares. The stock ranged in a price between $57.85-$58.33 after having opened the day at $58.00 as compared to the previous trading day's close of $57.49. Other companies within the Computer Software & Services industry that increased today were:
), up 17.6%,
), up 17.5%,
), up 13.9% and
), up 13.4%.
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Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $32.7 billion and is part of the technology sector. Shares are up 35.9% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Infosys a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. 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, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Infosys Ratings Report.
On the negative front,
), down 5.6%,
), down 4.2%,
), down 3.8% and
), down 3.4% , were all laggards within the computer software & services industry with
) being today's computer software & services industry laggard.
- 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
) while those bearish on the computer software & services industry could consider
- Find other investment ideas from our top rated ETFs lists.