Intuit

(

INTU

) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.4%. By the end of trading, Intuit rose 74 cents (1.3%) to $55.99 on average volume. Throughout the day, 1.9 million shares of Intuit exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $55.07-$56.36 after having opened the day at $55.39 as compared to the previous trading day's close of $55.25. Other companies within the Technology sector that increased today were:

Deltathree

(

DDDC

), up 66.7%,

Edgar Online

(

EDGR

), up 50%,

ChinaCache International Holdings

(

CCIH

), up 20.9%, and

Ariba

(

ARBA

), up 19.2%.

Intuit Inc. provides business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, India, Singapore, and the United Kingdom. Intuit has a market cap of $16.05 billion and is part of the

computer software & services

industry. The company has a P/E ratio of 22.5, below the average computer software & services industry P/E ratio of 24.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 5.1% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Intuit a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Intuit 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, notable return on equity, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

Dynasil Corporation of America

(

DYSL

), down 18.5%,

Zoom Technologies

(

ZOOM

), down 13.8%,

Hoku

(

HOKU

), down 13.8%, and

B Communications

(

BCOM

), down 12%, were all losers within the technology sector with

Western Digital Corporation

(

WDC

) being today's technology sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR

(

XLK

) while those bearish on the technology sector could consider

ProShares Ultra Short Technology

(

REW

).

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