3D Systems Corporation (DDD): 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.

3D Systems Corporation ( DDD) 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, 3D Systems Corporation rose $1.73 (2.3%) to $75.76 on light volume. Throughout the day, 3,278,159 shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 5,514,600 shares. The stock ranged in a price between $73.27-$76.05 after having opened the day at $74.73 as compared to the previous trading day's close of $74.03. Other companies within the Computer Software & Services industry that increased today were: Helios and Matheson Analytics ( HMNY), up 7.3%, Commtouch Software ( CTCH), up 6.5%, KEYW ( KEYW), up 6.2% and Mam Software Group ( MAMS), up 5.7%.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $8.0 billion and is part of the technology sector. The company has a P/E ratio of 169.0, above the S&P 500 P/E ratio of 17.7. Shares are down 20.3% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate 3D Systems Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates 3D Systems Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Kingtone Wirelessinfo Solution ( KONE), down 19.0%, Park City Group ( PCYG), down 10.8%, CounterPath Corporation ( CPAH), down 10.6% and Take-Two Interactive Software ( TTWO), down 9.7% , were all laggards within the computer software & services industry with Dun & Bradstreet Corporation ( DNB) 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.

If you liked this article you might like

3D Systems Stock Rising on JPMorgan Upgrade

Closing Bell: Another Record for Dow Stretches Streak Into Day Seven; Avon Tumbles

Some of Today's Worst Performing Stocks: Teva, Cheesecake Factory, 3D Systems