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 0.8%. By the end of trading, Zynga fell $0.07 (-2.3%) to $3.03 on light volume. Throughout the day, 13,445,280 shares of Zynga exchanged hands as compared to its average daily volume of 21,007,300 shares. The stock ranged in price between $3.00-$3.13 after having opened the day at $3.12 as compared to the previous trading day's close of $3.10. Other companies within the Computer Software & Services industry that declined today were: ChyronHego ( CHYR), down 6.6%, Majesco Entertainment Company ( COOL), down 6.2%, Smith Micro Software ( SMSI), down 5.6% and Liquid Holdings Group ( LIQD), down 5.6%.

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 $1.9 billion and is part of the technology sector. Shares are up 31.4% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Zynga a buy, 3 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Zynga as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow.

On the positive front, Velti ( VELT), up 12.2%, Kingtone Wirelessinfo Solution ( KONE), up 8.6%, Procera Networks ( PKT), up 8.3% and Avid Technology ( AVID), up 7.5% , were all gainers within the computer software & services industry with Microsoft Corporation ( MSFT) 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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