Adobe Systems Inc (ADBE): Today's Featured Computer Software & Services Winner

Adobe Systems ( ADBE) 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 0.2%. By the end of trading, Adobe Systems rose $0.64 (1.4%) to $47.26 on light volume. Throughout the day, 2,511,726 shares of Adobe Systems exchanged hands as compared to its average daily volume of 3,618,200 shares. The stock ranged in a price between $46.73-$47.31 after having opened the day at $46.76 as compared to the previous trading day's close of $46.62. Other companies within the Computer Software & Services industry that increased today were: Wave Systems Corporation ( WAVX), up 23.1%, Perion Network ( PERI), up 8.4%, TSR ( TSRI), up 7.3% and BOS Better Online Solutions ( BOSC), up 7.0%.

Adobe Systems Incorporated operates as a diversified software company worldwide. It offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises, and consumers. Adobe Systems has a market cap of $23.6 billion and is part of the technology sector. Shares are up 24.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Adobe Systems a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Adobe Systems 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, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Synchronoss Technologies ( SNCR), down 11.6%, CounterPath Corporation ( CPAH), down 8.0%, Perficient ( PRFT), down 7.0% and Tableau Software Inc Class A ( DATA), down 6.3% , were all laggards within the computer software & services industry with Nielsen Holdings ( NLSN) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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