FactSet Research Systems Inc. (FDS): 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.

FactSet Research Systems ( FDS) 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 0.3%. By the end of trading, FactSet Research Systems fell $7.45 (-6.4%) to $109.62 on heavy volume. Throughout the day, 1,271,830 shares of FactSet Research Systems exchanged hands as compared to its average daily volume of 303,000 shares. The stock ranged in price between $108.70-$115.90 after having opened the day at $112.00 as compared to the previous trading day's close of $117.07. Other companies within the Computer Software & Services industry that declined today were: CounterPath Corporation ( CPAH), down 9.7%, Kingtone Wirelessinfo Solution ( KONE), down 9.4%, The9 ( NCTY), down 7.4% and Authentidate Holding Corporation ( ADAT), down 6.3%.

FactSet Research Systems Inc. provides integrated financial information and analytical applications to investment community in the United States, Europe, and the Asia Pacific. FactSet Research Systems has a market cap of $5.0 billion and is part of the technology sector. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 32.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate FactSet Research Systems a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates FactSet Research Systems as a buy. 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, notable return on equity, increase in stock price during the past year and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Liquid Holdings Group ( LIQD), up 12.1%, Sungame ( SGMZ), up 12.0%, CommVault Systems ( CVLT), up 8.1% and Imperva ( IMPV), up 7.1% , were all gainers within the computer software & services industry with Salesforce.com ( CRM) 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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