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.

ServiceNow

(

NOW

) 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 0.2%. By the end of trading, ServiceNow rose $2.58 (4.9%) to $55.42 on heavy volume. Throughout the day, 2,571,309 shares of ServiceNow exchanged hands as compared to its average daily volume of 1,503,800 shares. The stock ranged in a price between $52.84-$55.82 after having opened the day at $53.25 as compared to the previous trading day's close of $52.84. Other companies within the Computer Software & Services industry that increased today were:

Splunk

(

SPLK

), up 22.8%,

Luxoft Holding Inc Class A

(

LXFT

), up 8.2%,

Daegis

(

DAEG

), up 8.1% and

Descartes Systems Group

(

DSGX

), up 7.8%.

ServiceNow, Inc. engages in the provision of cloud-based services to automate enterprise IT operations primarily in North America, Europe, the Middle East, Africa, and the Asia Pacific. ServiceNow has a market cap of $7.1 billion and is part of the technology sector. Shares are up 76.0% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate ServiceNow a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ServiceNow as a

sell

. Among the areas we feel are negative, one of the most important has been generally deteriorating net income.

On the negative front,

GRAVITY

(

GRVY

), down 10.6%,

Boingo Wireless

(

WIFI

), down 7.8%,

Textura

(

TXTR

), down 7.6% and

Rally Software Development

(

RALY

), down 6.0% , were all laggards within the computer software & services industry with

Intuit

(

INTU

) 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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