NetSuite Inc. (N): 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.

NetSuite ( N) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, NetSuite fell $3.82 (-4.0%) to $91.95 on heavy volume. Throughout the day, 546,553 shares of NetSuite exchanged hands as compared to its average daily volume of 355,000 shares. The stock ranged in price between $91.20-$95.62 after having opened the day at $95.30 as compared to the previous trading day's close of $95.77. Other companies within the Computer Software & Services industry that declined today were: Shanda Games ( GAME), down 20.2%, Changyou.com ( CYOU), down 19.9%, AutoNavi Holdings ( AMAP), down 7.2% and ChyronHego ( CHYR), down 6.9%.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) software suites in the United States and internationally. NetSuite has a market cap of $7.0 billion and is part of the technology sector. Shares are up 40.4% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate NetSuite a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates NetSuite as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.

On the positive front, Wave Systems Corporation ( WAVX), up 12.5%, Kingtone Wirelessinfo Solution ( KONE), up 8.1%, Image Sensing Systems ( ISNS), up 7.3% and 3D Systems Corporation ( DDD), up 6.7% , were all gainers within the computer software & services industry with Citrix Systems ( CTXS) 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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