Accenture PLC (ACN): Today's Featured Computer Software & Services Laggard

Accenture ( ACN) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Accenture fell $0.96 (-1.3%) to $75.29 on average volume. Throughout the day, 3,480,957 shares of Accenture exchanged hands as compared to its average daily volume of 3,432,200 shares. The stock ranged in price between $74.68-$76.62 after having opened the day at $75.98 as compared to the previous trading day's close of $76.25. Other companies within the Computer Software & Services industry that declined today were: UBIC Inc ADR ( UBIC), down 8.9%, Daegis ( DAEG), down 7.0%, Medidata Solutions ( MDSO), down 6.8% and Gigamon ( GIMO), down 6.2%.

Accenture plc provides management consulting, technology, and business process outsourcing services worldwide. Accenture has a market cap of $48.7 billion and is part of the technology sector. Shares are up 13.6% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Accenture a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Accenture as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, TSR ( TSRI), up 10.0%, Glu Mobile ( GLUU), up 8.1%, Bally Technologies ( BYI), up 7.0% and Konami Corporation ( KNM), up 5.4% , were all gainers within the computer software & services industry with VMware ( VMW) being today's featured computer software & services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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