Infosys Ltd (INFY): Today's Featured Computer Software & Services Winner

Infosys ( INFY) 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 down 0.8%. By the end of trading, Infosys rose 29 cents (0.6%) to $47.35 on average volume. Throughout the day, 1.4 million shares of Infosys exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $46.92-$47.90 after having opened the day at $47.54 as compared to the previous trading day's close of $47.06. Other companies within the Computer Software & Services industry that increased today were: Authentidate Holding Corporation ( ADAT), up 9.3%, Recon Technology ( RCON), up 8.6%, Webmedia Brands ( WEBM), up 8.4%, and Vringo ( VRNG), up 8.3%.

Infosys Ltd. provides information technology (IT) and consulting services worldwide. Infosys has a market cap of $26.65 billion and is part of the technology sector. Currently there is one analyst that rates Infosys a buy, one analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Infosys 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, growth in earnings per share, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, American Reprographics Company ( ARC), down 8.1%, icad ( ICAD), down 8%, Camelot Information Systems ( CIS), down 7.8%, and Sonic Foundry ( SOFO), down 7.4%, were all losers within the computer software & services industry with Cognizant Technology Solutions Corporation ( CTSH) being today's computer software & services industry loser.

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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