Salesforce.com Inc. (CRM): 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.

Salesforce.com ( CRM) 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 up 0.4%. By the end of trading, Salesforce.com rose $1.99 (3.6%) to $56.94 on average volume. Throughout the day, 6,966,011 shares of Salesforce.com exchanged hands as compared to its average daily volume of 4,757,800 shares. The stock ranged in a price between $54.76-$57.13 after having opened the day at $55.19 as compared to the previous trading day's close of $54.95. Other companies within the Computer Software & Services industry that increased today were: Majesco Entertainment Company ( COOL), up 15.8%, KongZhong Corporation ( KONG), up 15.0%, Intelligent Systems ( INS), up 12.7% and Perfect World Co. Ltd. ADR repr Class B ( PWRD), up 12.4%.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $32.7 billion and is part of the technology sector. Shares are down 0.4% year to date as of the close of trading on Tuesday. Currently there are 22 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 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 negative front, Avid Technology ( AVID), down 11.7%, Textura ( TXTR), down 10.0%, Merge Healthcare ( MRGE), down 8.3% and FireEye ( FEYE), down 5.8% , 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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