Cerner Corporation (CERN): 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.

Cerner Corporation ( CERN) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole was unchanged today. By the end of trading, Cerner Corporation rose $0.90 (1.5%) to $60.18 on average volume. Throughout the day, 1,833,482 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 1,564,000 shares. The stock ranged in a price between $58.92-$60.28 after having opened the day at $59.38 as compared to the previous trading day's close of $59.28. Other companies within the Computer Software & Services industry that increased today were: LogMeIn ( LOGM), up 21.7%, Ellie Mae ( ELLI), up 17.9%, NCI ( NCIT), up 7.8% and Wave Systems Corporation ( WAVX), up 6.1%.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $19.9 billion and is part of the technology sector. Shares are up 6.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Cerner Corporation 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, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, GlobalSCAPE Incorporated ( GSB), down 19.6%, Authentidate Holding Corporation ( ADAT), down 13.7%, Bridgeline Digital ( BLIN), down 11.2% and Stamps.com ( STMP), down 6.9% , were all laggards within the computer software & services industry with Oracle Corporation ( ORCL) 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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