Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
Sap AG ADR (
SAP) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Sap AG ADR fell $1.60 (-1.9%) to $82.98 on light volume. Throughout the day, 801,761 shares of Sap AG ADR exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $82.61-$83.68 after having opened the day at $82.72 as compared to the previous trading day's close of $84.58. Other companies within the Technology sector that declined today were:
e-Future Information Technology (
EFUT), down 17.3%,
UTStarcom Holdings (
UTSI), down 15.3%,
Mind C.T.I (
MNDO), down 10.6%, and
LDK Solar Company (
LDK), down 10.6%.
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SAP AG provides enterprise application software and software-related services worldwide. Sap AG ADR has a market cap of $100.84 billion and is part of the computer software & services industry. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Sap AG ADR a buy, two analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates Sap AG ADR as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
On the positive front,
Pulse Electronics (
PULS), up 29.2%,
Chyron Corporation (
CHYR), up 26.7%,
Plug Power (
PLUG), up 21.7%, and
Dataram Corporation (
DRAM), up 15.6%, were all gainers within the technology sector with
Cree (
CREE) being today's featured technology sector leader.
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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