Electronic Arts Inc. (EA): Today's Featured Technology Winner

Electronic Arts ( EA) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.2%. By the end of trading, Electronic Arts rose $0.34 (1.5%) to $23.52 on light volume. Throughout the day, 3,297,089 shares of Electronic Arts exchanged hands as compared to its average daily volume of 4,621,200 shares. The stock ranged in a price between $22.99-$23.54 after having opened the day at $23.20 as compared to the previous trading day's close of $23.18. Other companies within the Technology sector that increased today were: Envivio ( ENVI), up 14.9%, MER Telemanagement Solutions ( MTSL), up 14.2%, Clearfield ( CLFD), up 13.1% and Mediabistro ( MBIS), up 11.7%.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts 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 71.6, above the S&P 500 P/E ratio of 17.7. Shares are up 58.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Electronic Arts as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Plug Power ( PLUG), down 16.6%, WebMD Health Corporation ( WBMD), down 10.8%, Local ( LOCM), down 9.1% and AMSC ( AMSC), down 8.7% , were all laggards within the technology sector with ABB ( ABB) 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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