Sap AG (SAP): Today's Featured Computer Software & Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Sap ( SAP) 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 up 0.5%. By the end of trading, Sap fell $2.10 (-2.8%) to $73.90 on heavy volume. Throughout the day, 4,745,953 shares of Sap exchanged hands as compared to its average daily volume of 1,406,400 shares. The stock ranged in price between $73.17-$75.53 after having opened the day at $75.48 as compared to the previous trading day's close of $76.00. Other companies within the Computer Software & Services industry that declined today were: TSR ( TSRI), down 6.2%, Daegis ( DAEG), down 5.7%, Ninetowns Internet Technology Group Company ( NINE), down 5.3% and Mitek Systems ( MITK), down 3.6%.

SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap has a market cap of $90.3 billion and is part of the technology sector. Shares are down 5.4% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Sap a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Sap as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Shanda Games ( GAME), up 17.2%, TigerLogic Corporation ( TIGR), up 14.1%, The9 ( NCTY), up 12.7% and International Game Technology ( IGT), up 5.9% , were all gainers within the computer software & services industry with Cognizant Technology Solutions Corporation ( CTSH) 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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