Microsoft Corporation (MSFT): 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.

Microsoft Corporation ( MSFT) 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 1.8%. By the end of trading, Microsoft Corporation fell $0.56 (-1.7%) to $31.79 on light volume. Throughout the day, 32,868,249 shares of Microsoft Corporation exchanged hands as compared to its average daily volume of 47,187,100 shares. The stock ranged in price between $30.84-$32.18 after having opened the day at $32.00 as compared to the previous trading day's close of $32.35. Other companies within the Computer Software & Services industry that declined today were: Helios and Matheson Analytics ( HMNY), down 14.1%, KongZhong Corporation ( KONG), down 9.6%, Bridgeline Digital ( BLIN), down 8.7% and GSE Systems ( GVP), down 8.2%.

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide. Microsoft Corporation has a market cap of $268.5 billion and is part of the technology sector. Shares are up 21.1% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Microsoft Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Microsoft Corporation 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, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Asure Software ( ASUR), up 6.3%, Luxoft Holding Inc Class A ( LXFT), up 4.9%, Edgewater Technology ( EDGW), up 4.6% and Sonic Foundry ( SOFO), up 4.3%.

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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