Zynga Inc (ZNGA): Today's Featured Computer Software & Services 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.

Zynga ( ZNGA) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day down 0.2%. By the end of trading, Zynga rose $0.08 (2.4%) to $3.61 on heavy volume. Throughout the day, 37,374,068 shares of Zynga exchanged hands as compared to its average daily volume of 23,124,700 shares. The stock ranged in a price between $3.52-$3.69 after having opened the day at $3.57 as compared to the previous trading day's close of $3.52. Other companies within the Computer Software & Services industry that increased today were: Greenway Medical Technologies ( GWAY), up 19.1%, FAB Universal ( FU), up 18.9%, ChannelAdvisor ( ECOM), up 8.0% and PAR Technology ( PAR), up 5.3%.

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 $2.2 billion and is part of the technology sector. Shares are up 47.7% 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 19 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 negative front, Sungame ( SGMZ), down 20.6%, Red Hat ( RHT), down 11.7%, Liquid Holdings Group ( LIQD), down 9.7% and Park City Group ( PCYG), down 8.6% , were all laggards within the computer software & services industry with VMware ( VMW) being today's computer software & services industry laggard.

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).

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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