F5 Networks Inc. (FFIV): 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.

F5 Networks ( FFIV) 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 0.6%. By the end of trading, F5 Networks rose $2.22 (2.1%) to $109.50 on average volume. Throughout the day, 1,753,221 shares of F5 Networks exchanged hands as compared to its average daily volume of 1,916,200 shares. The stock ranged in a price between $107.43-$110.65 after having opened the day at $107.50 as compared to the previous trading day's close of $107.28. Other companies within the Computer Software & Services industry that increased today were: China Information Technology ( CNIT), up 25.6%, AutoNavi Holdings ( AMAP), up 24.4%, Datawatch Corporation ( DWCH), up 10.8% and Edgewater Technology ( EDGW), up 9.7%.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. F5 Networks has a market cap of $8.1 billion and is part of the technology sector. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate F5 Networks a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates F5 Networks 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, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Changyou.com ( CYOU), down 10.7%, ACI Worldwide ( ACIW), down 6.6%, Daegis ( DAEG), down 5.7% and NIC ( EGOV), down 5.3% , were all laggards within the computer software & services industry with Activision Blizzard ( ATVI) 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).

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