Salesforce.com Inc. (CRM): 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.

Salesforce.com ( CRM) 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 0.7%. By the end of trading, Salesforce.com fell $0.53 (-1.0%) to $51.56 on average volume. Throughout the day, 4,207,158 shares of Salesforce.com exchanged hands as compared to its average daily volume of 5,054,100 shares. The stock ranged in price between $51.30-$52.29 after having opened the day at $52.01 as compared to the previous trading day's close of $52.09. Other companies within the Computer Software & Services industry that declined today were: Velti ( VELT), down 12.0%, China Mobile Games and Entertainment Group ( CMGE), down 9.4%, Authentidate Holding Corporation ( ADAT), down 8.1% and Smith Micro Software ( SMSI), down 7.8%.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $31.8 billion and is part of the technology sector. Shares are up 25.4% year to date as of the close of trading on Friday. Currently there are 22 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, BOS Better Online Solutions ( BOSC), up 72.3%, Marketo ( MKTO), up 8.3%, Asure Software ( ASUR), up 6.3% and Streamline Health Solutions ( STRM), up 5.7% , were all gainers within the computer software & services industry with NQ Mobile ( NQ) 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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