Citrix Systems Inc. (CTXS): Today's Featured Computer Software & Services Winner

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.

Citrix Systems ( CTXS) 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 0.4%. By the end of trading, Citrix Systems rose $0.93 (1.4%) to $66.00 on light volume. Throughout the day, 1,271,574 shares of Citrix Systems exchanged hands as compared to its average daily volume of 2,161,900 shares. The stock ranged in a price between $65.07-$66.07 after having opened the day at $65.66 as compared to the previous trading day's close of $65.07. Other companies within the Computer Software & Services industry that increased today were: China Mobile Games and Entertainment Group ( CMGE), up 7.6%, TigerLogic Corporation ( TIGR), up 7.6%, Smith Micro Software ( SMSI), up 5.8% and AutoNavi Holdings ( AMAP), up 4.8%.

Citrix Systems, Inc. provides cloud computing solutions that enable information technology (IT) and service providers to build private and public clouds worldwide. The company operates in two divisions, Enterprise and Online Services. Citrix Systems has a market cap of $12.1 billion and is part of the technology sector. Shares are down 1.3% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Citrix Systems a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Citrix Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Sungame ( SGMZ), down 4.8%, LifeLock ( LOCK), down 4.8%, Rally Software Development ( RALY), down 4.1% and Diebold Incorporated ( DBD), down 4.1% , were all laggards within the computer software & services industry with Activision Blizzard ( ATVI) 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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