Microsoft Corporation (MSFT): Today's Featured Computer Software & Services Winner - TheStreet

Microsoft Corporation

(

MSFT

) 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 0.5%. By the end of trading, Microsoft Corporation rose $0.68 (2.0%) to $34.35 on average volume. Throughout the day, 48,085,180 shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 54,926,600 shares. The stock ranged in a price between $33.89-$34.48 after having opened the day at $34.12 as compared to the previous trading day's close of $33.67. Other companies within the Computer Software & Services industry that increased today were:

Bridgeline Digital

(

BLIN

), up 9.1%,

Mitek Systems

(

MITK

), up 8.6%,

Procera Networks

(

PKT

), up 8.2% and

NQ Mobile

(

NQ

), up 7.9%.

Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide. Microsoft Corporation has a market cap of $281.6 billion and is part of the technology sector. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates

Microsoft Corporation

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, attractive valuation levels, expanding profit margins and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

China Information Technology

(

CNIT

), down 5.4%,

Qualys

(

QLYS

), down 4.7%,

Glu Mobile

(

GLUU

), down 4.7% and

GRAVITY

(

GRVY

), down 4.3% , were all laggards within the computer software & services industry with

Nuance Communications

(

NUAN

) 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

(

IGV

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

ProShares Ultra Short Technology

(

REW

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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