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 1.0%. By the end of trading, Salesforce.com rose $2.20 (3.8%) to $59.71 on heavy volume. Throughout the day, 8,402,872 shares of Salesforce.com exchanged hands as compared to its average daily volume of 4,811,000 shares. The stock ranged in a price between $57.47-$59.85 after having opened the day at $57.50 as compared to the previous trading day's close of $57.51. Other companies within the Computer Software & Services industry that increased today were: NQ Mobile ( NQ), up 12.3%, FireEye ( FEYE), up 11.2%, China Mobile Games and Entertainment Group ( CMGE), up 10.5% and icad ( ICAD), up 9.2%.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $33.9 billion and is part of the technology sector. Shares are up 4.2% 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 2 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, Majesco Entertainment Company ( COOL), down 20.3%, Intelligent Systems ( INS), down 7.1%, Authentidate Holding Corporation ( ADAT), down 6.8% and Cover-All Technologies ( COVR), down 6.5%.

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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