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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.5%. By the end of trading, Salesforce.com rose $0.89 (1.8%) to $51.65 on average volume. Throughout the day, 6,634,944 shares of Salesforce.com exchanged hands as compared to its average daily volume of 6,595,200 shares. The stock ranged in a price between $49.82-$51.74 after having opened the day at $50.60 as compared to the previous trading day's close of $50.76. Other companies within the Technology sector that increased today were:
), up 19.6%,
), up 17.5%,
), up 16.7% and
), up 16.2%.
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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 $30.0 billion and is part of the computer software & services industry. Shares are down 11.0% year to date as of the close of trading on Tuesday. 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 Salesforce.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk.
- You can view the full Salesforce.com Ratings Report.
On the negative front,
), down 29.5%,
), down 19.1%,
), down 15.5% and
), down 12.7% , were all laggards within the technology sector with
) being today's technology sector laggard.
- Use our technology section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.