IHS Inc. (IHS): Today's Featured Technology 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

IHS ( IHS) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 1.1%. By the end of trading, IHS rose $1.76 (1.6%) to $111.75 on average volume. Throughout the day, 556,226 shares of IHS exchanged hands as compared to its average daily volume of 386,200 shares. The stock ranged in a price between $107.42-$112.14 after having opened the day at $109.01 as compared to the previous trading day's close of $109.99. Other companies within the Technology sector that increased today were: Deltathree ( DDDC), up 25.0%, LRAD ( LRAD), up 14.0%, Otelco Inc. Class A ( OTEL), up 11.0% and Catamaran ( CTRX), up 10.9%.
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IHS Inc. provides critical information, insights, and analytics. IHS has a market cap of $7.0 billion and is part of the computer software & services industry. The company has a P/E ratio of 44.7, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate IHS a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates IHS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Alvarion ( ALVR), down 12.9%, LDK Solar Company ( LDK), down 11.0%, Digital Power Corporation ( DPW), down 9.7% and Hauppauge Digital ( HAUP), down 9.2% , were all laggards within the technology sector with Taiwan Semiconductor Manufacturing ( TSM) being today's technology sector laggard.

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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