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 lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Microsoft Corporation fell $0.57 (-1.8%) to $31.39 on average volume. Throughout the day, 62,854,364 shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 49,819,300 shares. The stock ranged in price between $31.25-$31.65 after having opened the day at $31.62 as compared to the previous trading day's close of $31.96. Other companies within the Computer Software & Services industry that declined today were:
), down 11.8%,
), down 9.5%,
), down 8.1% and
), down 6.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Microsoft Corporation develops, licenses, and supports software, services, and solutions worldwide. Its Windows division develops and markets PC operating systems, related software, and online services, and PC hardware products. Microsoft Corporation has a market cap of $265.7 billion and is part of the technology sector. Shares are up 19.1% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 16 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, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Microsoft Corporation Ratings Report.
On the positive front,
), up 22.3%,
), up 14.4%,
), up 13.3% and
), up 13.2% , were all gainers within the computer software & services industry with
) being today's featured computer software & services industry leader.
- 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.