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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.9%. By the end of trading, Splunk rose $1.54 (3.4%) to $46.76 on heavy volume. Throughout the day, 2,788,321 shares of Splunk exchanged hands as compared to its average daily volume of 1,373,300 shares. The stock ranged in a price between $43.40-$47.11 after having opened the day at $44.05 as compared to the previous trading day's close of $45.22. Other companies within the Technology sector that increased today were:
), up 19.2%,
), up 14.3%,
), up 11.3% and
), up 10.3%.
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Splunk, Inc. provides software solutions that provide real-time operational intelligence. Splunk has a market cap of $4.7 billion and is part of the computer software & services industry. Shares are up 58.1% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Splunk a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates Splunk as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share.
- You can view the full Splunk Ratings Report.
On the negative front,
), down 23.1%,
), down 14.5%,
Renewable Energy Trade Board
), down 12.5% and
), down 10.8% , were all laggards within the technology sector with
) being today's technology sector laggard.
- Use our technology section to find sector-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 technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.
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