Electronic Arts Inc. (EA): Today's Featured Technology Laggard

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.

Electronic Arts ( EA) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Electronic Arts fell $0.32 (-1.2%) to $26.88 on average volume. Throughout the day, 4,801,421 shares of Electronic Arts exchanged hands as compared to its average daily volume of 5,982,500 shares. The stock ranged in price between $26.62-$27.40 after having opened the day at $26.76 as compared to the previous trading day's close of $27.20. Other companies within the Technology sector that declined today were: Linktone ( LTON), down 18.2%, Changyou.com ( CYOU), down 10.7%, Echelon Corporation ( ELON), down 9.7% and MoSys ( MOSY), down 7.0%.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $8.2 billion and is part of the computer software & services industry. Shares are up 18.6% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Electronic Arts as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity.

On the positive front, Supertex ( SUPX), up 35.1%, China Information Technology ( CNIT), up 25.6%, AutoNavi Holdings ( AMAP), up 24.4% and magicJack VocalTec ( CALL), up 18.2% , were all gainers within the technology sector with Nielsen Holdings ( NLSN) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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