Thomson Reuters Corporation (TRI): Today's Featured Technology 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.

Thomson Reuters Corporation ( TRI) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, Thomson Reuters Corporation rose $0.43 (1.2%) to $35.08 on light volume. Throughout the day, 630,176 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 1,052,100 shares. The stock ranged in a price between $34.78-$35.19 after having opened the day at $34.84 as compared to the previous trading day's close of $34.65. Other companies within the Technology sector that increased today were: Sourcefire ( FIRE), up 27.8%, Superconductor Technologies ( SCON), up 22.5%, GigaMedia ( GIGM), up 22.1% and CounterPath Corporation ( CPAH), up 20.8%.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $28.6 billion and is part of the media industry. Shares are up 18.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Thomson Reuters Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins.

On the negative front, Alvarion ( ALVR), down 46.0%, Computer Task Group ( CTGX), down 24.1%, Computer Task Group ( CTG), down 24.1% and Sungame ( SGMZ), down 20.2% , were all laggards within the technology sector with Seagate Technology ( STX) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector 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.

null

More from Markets

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes