Intuit Inc. (INTU): Today's Featured Computer Software & Services 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.

Intuit ( INTU) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Intuit fell $3.00 (-4.1%) to $69.72 on heavy volume. Throughout the day, 4,973,643 shares of Intuit exchanged hands as compared to its average daily volume of 1,726,800 shares. The stock ranged in price between $69.02-$71.59 after having opened the day at $71.50 as compared to the previous trading day's close of $72.72. Other companies within the Computer Software & Services industry that declined today were: Jive Software ( JIVE), down 18.8%, FireEye ( FEYE), down 11.4%, Vicon Industries ( VII), down 6.7% and Qualys ( QLYS), down 6.3%.

Intuit Inc. provides business and financial management solutions for small businesses, consumers, and accounting professionals in the United States, Canada, the United Kingdom, Australia, India, and Singapore. Intuit has a market cap of $20.4 billion and is part of the technology sector. Shares are down 4.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Intuit a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, China Mobile Games and Entertainment Group ( CMGE), up 19.2%, Marin Software ( MRIN), up 14.1%, Kingtone Wirelessinfo Solution ( KONE), up 13.5% and NCI ( NCIT), up 10.0% , were all gainers within the computer software & services industry with Adobe Systems ( ADBE) being today's featured computer software & services industry leader.

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).

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

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%