Salesforce.com Inc. (CRM): Today's Featured Computer Software & Services Winner

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

Salesforce.com ( CRM) 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 0.6%. By the end of trading, Salesforce.com rose $0.78 (1.8%) to $43.15 on average volume. Throughout the day, 5,940,254 shares of Salesforce.com exchanged hands as compared to its average daily volume of 6,104,200 shares. The stock ranged in a price between $42.28-$43.78 after having opened the day at $42.30 as compared to the previous trading day's close of $42.37. Other companies within the Computer Software & Services industry that increased today were: Chyron Corporation ( CHYR), up 13.9%, CSP ( CSPI), up 12.3%, DTS ( DTSI), up 12.0% and Majesco Entertainment Company ( COOL), up 7.8%.
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salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $24.8 billion and is part of the technology sector. Shares are up 0.8% year to date as of the close of trading on Wednesday. Currently there are 27 analysts that rate Salesforce.com a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front, Rackspace Hosting ( RAX), down 24.7%, Marin Software ( MRIN), down 19.8%, Helios and Matheson Analytics ( HMNY), down 15.6% and Netsol Technologies ( NTWK), down 11.8% , were all laggards within the computer software & services industry with Adobe Systems ( ADBE) 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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