Cerner Corporation (CERN): Today's Featured Computer Software & Services Winner

Cerner Corporation ( CERN) 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, Cerner Corporation rose 79 cents (1%) to $82.81 on light volume. Throughout the day, 986,230 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $81.03-$83 after having opened the day at $82.08 as compared to the previous trading day's close of $82.02. Other companies within the Computer Software & Services industry that increased today were: Kingtone Wirelessinfo Solution ( KONE), up 30.3%, THQ ( THQI), up 11.1%, Chyron Corporation ( CHYR), up 8%, and Webmedia Brands ( WEBM), up 8%.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $14.14 billion and is part of the technology sector. The company has a P/E ratio of 43.7, 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 33.9% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Cerner Corporation a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Cerner Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Sapiens International Corporation ( SPNS), down 8.3%, Glu Mobile ( GLUU), down 7.2%, Sonic Foundry ( SOFO), down 6.6%, and CommVault Systems ( CVLT), down 6.6%, were all losers within the computer software & services industry with Accenture ( ACN) 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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