Automatic Data Processing (ADP): Today's Featured Computer Software & Services Winner

Automatic Data Processing ( ADP) 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 0.5%. By the end of trading, Automatic Data Processing rose $1.56 (2.2%) to $73.41 on average volume. Throughout the day, 2,569,674 shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 1,820,900 shares. The stock ranged in a price between $71.93-$73.44 after having opened the day at $71.99 as compared to the previous trading day's close of $71.85. Other companies within the Computer Software & Services industry that increased today were: WebMD Health Corporation ( WBMD), up 25.4%, Quality Systems ( QSII), up 12.1%, Daegis ( DAEG), up 10.0% and 21Vianet Group ( VNET), up 8.3%.

Automatic Data Processing, Inc. and its subsidiaries provide business outsourcing solutions. The company operates in three segments: Employer Services, Professional Employer Organization (PEO) Services, and Dealer Services. Automatic Data Processing has a market cap of $34.8 billion and is part of the technology sector. Shares are up 26.0% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Automatic Data Processing a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Automatic Data Processing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Wave Systems Corporation ( WAVX), down 14.9%, Cimatron ( CIMT), down 7.2%, TigerLogic Corporation ( TIGR), down 5.3% and Exa ( EXA), down 4.3% , were all laggards within the computer software & services industry with Oracle Corporation ( ORCL) 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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