Microsoft Corporation (MSFT): Today's Featured Computer Software & Services Winner
(
) 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 0.8%. By the end of trading, Microsoft Corporation rose 50 cents (1.7%) to $29.56 on average volume. Throughout the day, 36.7 million shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 45.6 million shares. The stock ranged in a price between $29.22-$29.72 after having opened the day at $29.38 as compared to the previous trading day's close of $29.06. Other companies within the Computer Software & Services industry that increased today were:
(
), up 10.5%,
(
), up 9.4%,
e-Future Information Technology
(
), up 9.2%, and
(
), up 8%.
Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. Microsoft Corporation has a market cap of $244.13 billion and is part of the
sector. The company has a P/E ratio of 10.6, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Microsoft Corporation as a
. 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, attractive valuation levels, expanding profit margins 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 Microsoft Ratings Report.
On the negative front,
(
), down 10.5%,
(
), down 10.2%,
(
), down 8.5%, and
(
), down 8%, were all losers within the computer software & services industry with
(
) being today's computer software & services industry loser.
- 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
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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