Informatica Corporation (INFA): Today's Featured Technology Loser

Informatica Corporation ( INFA) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day up 0.6%. By the end of trading, Informatica Corporation fell $3.32 (-6.7%) to $46.64 on heavy volume. Throughout the day, 4.6 million shares of Informatica Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $44.75-$47.94 after having opened the day at $46.91 as compared to the previous trading day's close of $49.96. Other company's within the Technology sector that declined today were: Maxwell Technologies ( MXWL), down 39.2%, Allscripts-Misys Healthcare Solutions ( MDRX), down 35.7%, TeleCommunication Systems ( TSYS), down 21.9%, and Digi International ( DGII), down 16.4%.

Informatica Corporation provides enterprise data integration and data quality software and services worldwide. Informatica Corporation has a market cap of $5.34 billion and is part of the computer software & services industry. The company has a P/E ratio of 47, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 35.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Informatica Corporation a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Informatica Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Aware ( AWRE), up 64.4%, Cray ( CRAY), up 27.9%, Vimicro International Corporation ( VIMC), up 17.5%, and A123 Systems ( AONE), up 16.7%, were all gainers within the technology sector with Ericsson Telephone Company ( ERIC) being today's featured technology sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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