Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) 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 1.1%. By the end of trading, Salesforce.com fell $1.45 (-3.4%) to $41.80 on heavy volume. Throughout the day, 9,928,597 shares of Salesforce.com exchanged hands as compared to its average daily volume of 6,381,300 shares. The stock ranged in price between $41.62-$43.53 after having opened the day at $43.25 as compared to the previous trading day's close of $43.25. Other companies within the Computer Software & Services industry that declined today were:
), down 7.4%,
), down 6.1%,
), down 5.3% and
), down 5.1%.
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salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $25.5 billion and is part of the technology sector. Shares are up 2.9% year to date as of the close of trading on Friday. Currently there are 26 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full Salesforce.com Ratings Report.
On the positive front,
), down 12.0%,
), down 10.1%,
), down 6.1% and
), down 6.0% , 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.
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