Infosys Ltd (INFY): 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.

Infosys ( INFY) 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 0.2%. By the end of trading, Infosys fell $0.54 (-1.1%) to $48.86 on average volume. Throughout the day, 1,496,707 shares of Infosys exchanged hands as compared to its average daily volume of 1,593,200 shares. The stock ranged in price between $48.55-$49.48 after having opened the day at $49.41 as compared to the previous trading day's close of $49.40. Other companies within the Computer Software & Services industry that declined today were: Responsys ( MKTG), down 6.1%, Astea International ( ATEA), down 6.1%, ARC Document Solutions ( ARC), down 5.3% and TigerLogic Corporation ( TIGR), down 5.3%.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $27.2 billion and is part of the technology sector. Shares are up 16.8% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Infosys a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Infosys as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, FalconStor Software ( FALC), up 18.3%, Marketo ( MKTO), up 6.1%, ChyronHego ( CHYR), up 5.1% and MicroStrategy ( MSTR), up 4.7% , were all gainers within the computer software & services industry with F5 Networks ( FFIV) 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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