Electronic Arts Inc. (EA): 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.

Electronic Arts ( EA) 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 0.1%. By the end of trading, Electronic Arts rose $1.18 (4.8%) to $25.82 on average volume. Throughout the day, 6,644,258 shares of Electronic Arts exchanged hands as compared to its average daily volume of 4,847,200 shares. The stock ranged in a price between $24.35-$25.94 after having opened the day at $24.38 as compared to the previous trading day's close of $24.64. Other companies within the Computer Software & Services industry that increased today were: Wave Systems Corporation ( WAVX), up 18.5%, SPS Commerce ( SPSC), up 16.0%, Brightcove ( BCOV), up 15.7% and Activision Blizzard ( ATVI), up 15.0%.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $7.8 billion and is part of the technology sector. Shares are up 75.0% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Electronic Arts as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, SolarWinds ( SWI), down 22.2%, Zynga ( ZNGA), down 14.0%, China Mobile Games and Entertainment Group ( CMGE), down 10.9% and Sonic Foundry ( SOFO), down 7.8% , were all laggards within the computer software & services industry with Cerner Corporation ( CERN) 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.
null

If you liked this article you might like

Jim Cramer: Facebook Shows How Negative Bias Can Hurt You

Jim Cramer: Facebook Shows How Negative Bias Can Hurt You

Cramer: Renewed Volatility Is Putting Good Stocks on Sale

Cramer: Renewed Volatility Is Putting Good Stocks on Sale

Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know