Sap AG (SAP): Today's Featured Technology Winner

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.

Sap ( SAP) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.5%. By the end of trading, Sap rose $0.90 (1.2%) to $73.50 on average volume. Throughout the day, 1,177,102 shares of Sap exchanged hands as compared to its average daily volume of 1,461,800 shares. The stock ranged in a price between $73.08-$73.65 after having opened the day at $73.26 as compared to the previous trading day's close of $72.60. Other companies within the Technology sector that increased today were: Oclaro ( OCLR), up 37.7%, LookSmart ( LOOK), up 30.8%, ARC Group Worldwide ( ARCW), up 17.4% and Remark Media ( MARK), up 12.4%.

SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap has a market cap of $86.4 billion and is part of the computer software & services industry. Shares are down 9.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Sap a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Sap as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, EZChip Semiconductor ( EZCH), down 20.8%, Ubiquiti Networks ( UBNT), down 9.7%, Universal Display Corporation ( OLED), down 9.0% and Universal Display Corporation ( PANL), down 9.0% , were all laggards within the technology sector with America Movil S.A.B. de C.V ( AMX) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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