Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model


International Game Technology



) 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 down 0.4%. By the end of trading, International Game Technology rose 38 cents (2.9%) to $13.36 on heavy volume. Throughout the day, 6.8 million shares of International Game Technology exchanged hands as compared to its average daily volume of four million shares. The stock ranged in a price between $13.10-$13.54 after having opened the day at $13.12 as compared to the previous trading day's close of $12.98. Other companies within the Computer Software & Services industry that increased today were:

Kingtone Wirelessinfo Solution



), up 40.6%,




), up 8%,

NQ Mobile



), up 7.2%, and

ServiceSource International



), up 6%.

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International Game Technology engages in the design, development, manufacture, and marketing of electronic gaming equipment and systems worldwide. International Game Technology has a market cap of $3.51 billion and is part of the technology sector. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are down 23.7% year to date as of the close of trading on Monday. Currently there are nine analysts that rate International Game Technology a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates International Game Technology as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally higher debt management risk.

On the negative front,

Astea International



), down 12.9%,

China Digital TV



), down 11.9%,

Bridgeline Digital



), down 10.7%, and




), down 9.6%, were all laggards within the computer software & services industry with




) 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



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

ProShares Ultra Short Technology




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