Accenture PLC Class A (ACN): 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.

Accenture PLC Class A ( ACN) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole was unchanged today. By the end of trading, Accenture PLC Class A rose $3.89 (5.1%) to $79.51 on heavy volume. Throughout the day, 10,915,777 shares of Accenture PLC Class A exchanged hands as compared to its average daily volume of 3,227,700 shares. The stock ranged in a price between $77.49-$79.95 after having opened the day at $77.51 as compared to the previous trading day's close of $75.62. Other companies within the Computer Software & Services industry that increased today were: CounterPath Corporation ( CPAH), up 11.6%, Rally Software Development ( RALY), up 6.9%, QAD ( QADB), up 6.5% and Daegis ( DAEG), up 6.2%.

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture PLC Class A has a market cap of $57.6 billion and is part of the technology sector. The company has a P/E ratio of 15.0, below the S&P 500 P/E ratio of 17.7. Shares are up 11.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Accenture PLC Class A a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Accenture PLC Class A 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, compelling growth in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Liquid Holdings Group ( LIQD), down 6.9%, Helios and Matheson Analytics ( HMNY), down 6.5%, Intelligent Systems ( INS), down 6.5% and Benefitfocus ( BNFT), down 6.1% , were all laggards within the computer software & services industry with Rackspace Hosting ( RAX) 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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