Zynga Inc (ZNGA): 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.

Zynga ( ZNGA) 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 up 0.3%. By the end of trading, Zynga fell $0.06 (-2.0%) to $2.94 on light volume. Throughout the day, 13,804,592 shares of Zynga exchanged hands as compared to its average daily volume of 24,983,600 shares. The stock ranged in price between $2.93-$3.00 after having opened the day at $2.97 as compared to the previous trading day's close of $3.00. Other companies within the Computer Software & Services industry that declined today were: Perion Network ( PERI), down 14.3%, Kingtone Wirelessinfo Solution ( KONE), down 13.4%, BOS Better Online Solutions ( BOSC), down 8.7% and Helios and Matheson Analytics ( HMNY), down 6.2%.

Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms in the United States and internationally. Zynga has a market cap of $1.8 billion and is part of the technology sector. Shares are up 27.1% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Zynga a buy, 2 analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Zynga as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, ChannelAdvisor ( ECOM), up 12.2%, Cimatron ( CIMT), up 8.7%, Marketo ( MKTO), up 8.5% and Tableau Software Inc Class A ( DATA), up 7.2% , were all gainers within the computer software & services industry with Oracle Corporation ( ORCL) 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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