F5 Networks Inc. (FFIV): 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.

F5 Networks ( FFIV) 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 0.9%. By the end of trading, F5 Networks rose $5.87 (7.2%) to $87.29 on heavy volume. Throughout the day, 7,371,269 shares of F5 Networks exchanged hands as compared to its average daily volume of 1,685,600 shares. The stock ranged in a price between $87.26-$92.79 after having opened the day at $87.97 as compared to the previous trading day's close of $81.42. Other companies within the Computer Software & Services industry that increased today were: Medidata Solutions ( MDSO), up 22.3%, Bridgeline Digital ( BLIN), up 14.4%, FleetMatics Group ( FLTX), up 13.3% and Daegis ( DAEG), up 13.2%.

F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. F5 Networks has a market cap of $6.3 billion and is part of the technology sector. Shares are down 17.7% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate F5 Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates F5 Networks as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and premium valuation.

On the negative front, Kingtone Wirelessinfo Solution ( KONE), down 11.8%, CounterPath Corporation ( CPAH), down 9.5%, Radware ( RDWR), down 8.1% and Vasco Data Security International ( VDSI), down 6.2% , were all laggards within the computer software & services industry with Microsoft Corporation ( MSFT) 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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