Salesforce.com Inc

(

CRM

) 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 4.4%. By the end of trading, Salesforce.com Inc rose $7.83 (7.1%) to $118.42 on average volume. Throughout the day, 4.1 million shares of Salesforce.com Inc exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $113.97-$118.48 after having opened the day at $114.98 as compared to the previous trading day's close of $110.59. Other companies within the Computer Software & Services industry that increased today were:

Helios & Matheson Information Technology In

(

HMNY

), up 60.5%,

Helios & Matheson Information Technology In

(

HMNYD

), up 60.5%,

Kingtone Wirelessinfo Solution

(

KONE

), up 27.6%, and

CyberDefender

(

CYDE

), up 18.4%.

salesforce.com, inc. provides customer and collaboration relationship management (CRM) services to various businesses and industries worldwide. It also offers a technology platform for customers and developers to build and run business applications. Salesforce.com Inc has a market cap of $14.22 billion and is part of the

technology

sector. The company has a P/E ratio of 11118, above the S&P 500 P/E ratio of 17.7. Shares are down 16.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Salesforce.com as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. 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.

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

).

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