Microsoft Corporation (MSFT): Today's Featured Computer Software & Services Winner
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 higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 1.0%. By the end of trading, Microsoft Corporation rose $0.53 (1.6%) to $33.55 on average volume. Throughout the day, 44,469,209 shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 48,609,500 shares. The stock ranged in a price between $32.80-$33.60 after having opened the day at $32.93 as compared to the previous trading day's close of $33.02. Other companies within the Computer Software & Services industry that increased today were:
(
), up 20.1%,
(
), up 14.7%,
EFuture Information Technology
(
), up 10.7% and
(
), up 9.0%.
Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide. Microsoft Corporation has a market cap of $284.5 billion and is part of the technology sector. Shares are up 27.9% 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
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, 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 negative front,
(
), down 10.6%,
(
), down 7.4%,
(
), down 3.8% and
Kingtone Wirelessinfo Solution
(
), down 3.6%.
- 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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