CA Inc. (CA): Today's Featured Computer Software & Services Winner

CA ( CA) 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 up 0.5%. By the end of trading, CA rose 24 cents (0.9%) to $25.67 on average volume. Throughout the day, 4.1 million shares of CA exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in a price between $25.46-$25.95 after having opened the day at $25.50 as compared to the previous trading day's close of $25.43. Other companies within the Computer Software & Services industry that increased today were: Mitek Systems ( MITK), up 24.7%, SolarWinds ( SWI), up 19.3%, Symantec ( SYMC), up 13.6%, and Unisys Corporation ( UIS), up 11.6%.

CA Technologies, together with its subsidiaries, provides enterprise information technology (IT) management software and solutions in the United States and internationally. The company operates in three segments: Mainframe Solutions, Enterprise Solutions, and Services. CA has a market cap of $12.3 billion and is part of the technology sector. The company has a P/E ratio of 13.5, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 26.9% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate CA a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates CA as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, International Game Technology ( IGT), down 19.9%, Radware ( RDWR), down 11%, Helios & Matheson Information Technology In ( HMNY), down 10.5%, and Websense ( WBSN), down 8.4%, were all laggards within the computer software & services industry with Citrix Systems ( CTXS) being today's computer software & services industry laggard.

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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