Accenture PLC (ACN): 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.

Accenture ( ACN) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole was unchanged today. By the end of trading, Accenture fell $0.75 (-1.0%) to $74.25 on light volume. Throughout the day, 2,351,790 shares of Accenture exchanged hands as compared to its average daily volume of 3,389,900 shares. The stock ranged in price between $74.23-$75.19 after having opened the day at $75.14 as compared to the previous trading day's close of $75.00. Other companies within the Computer Software & Services industry that declined today were: Computer Task Group ( CTGX), down 24.1%, Computer Task Group ( CTG), down 24.1%, Sungame ( SGMZ), down 20.2% and Descartes Systems Group ( DSGX), down 7.5%.

Accenture plc provides management consulting, technology, and business process outsourcing services worldwide. Accenture has a market cap of $48.5 billion and is part of the technology sector. Shares are up 12.8% 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, Sourcefire ( FIRE), up 27.8%, GigaMedia ( GIGM), up 22.1%, CounterPath Corporation ( CPAH), up 20.8% and Smith Micro Software ( SMSI), up 14.4% , 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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