Iron Mountain Inc (IRM): Today's Featured Computer Software & Services Winner

Iron Mountain ( IRM) 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 1.6%. By the end of trading, Iron Mountain rose 34 cents (1.1%) to $31.26 on average volume. Throughout the day, two million shares of Iron Mountain exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $31-$31.42 after having opened the day at $31.41 as compared to the previous trading day's close of $30.92. Other companies within the Computer Software & Services industry that increased today were: DigitalGlobe ( DGI), up 21.6%, PDF Solutions ( PDFS), up 18.3%, Mitek Systems ( MITK), up 10.7%, and Boingo Wireless ( WIFI), up 9%.

Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. Iron Mountain has a market cap of $5.32 billion and is part of the technology sector. The company has a P/E ratio of 24.5, above the average computer software & services industry P/E ratio of 15.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Iron Mountain a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Iron Mountain as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Analysts International ( ANLY), down 15%, Mantech International ( MANT), down 13.9%, Sapient Corporation ( SAPE), down 12%, and Glu Mobile ( GLUU), down 9.3%, were all losers within the computer software & services industry with Sap AG ADR ( SAP) 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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