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 1.5%. By the end of trading, Salesforce.com rose $1.65 (2.7%) to $63.13 on average volume. Throughout the day, 4,651,445 shares of Salesforce.com exchanged hands as compared to its average daily volume of 5,220,000 shares. The stock ranged in a price between $61.18-$63.32 after having opened the day at $61.19 as compared to the previous trading day's close of $61.48. Other companies within the Computer Software & Services industry that increased today were: Luxoft Holding Inc Class A ( LXFT), up 14.7%, Marin Software ( MRIN), up 10.8%, Insight ( NSIT), up 10.3% and Diebold Incorporated ( DBD), up 9.5%.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $36.9 billion and is part of the technology sector. Shares are up 11.4% year to date as of the close of trading on Wednesday. Currently there are 22 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 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, Netsol Technologies ( NTWK), down 9.8%, GlobalSCAPE Incorporated ( GSB), down 7.1%, UBIC Inc ADR ( UBIC), down 5.7% and Marketo ( MKTO), down 5.5% , were all laggards within the computer software & services industry with Riverbed Technology ( RVBD) 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.

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