F5 Networks Inc. (FFIV): Today's Featured Computer Software & Services Laggard

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F5 Networks ( FFIV) 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 down 0.8%. By the end of trading, F5 Networks fell $2.47 (-2.2%) to $109.65 on average volume. Throughout the day, 1,483,804 shares of F5 Networks exchanged hands as compared to its average daily volume of 1,915,400 shares. The stock ranged in price between $109.43-$112.59 after having opened the day at $112.23 as compared to the previous trading day's close of $112.12. Other companies within the Computer Software & Services industry that declined today were: Intelligent Systems ( INS), down 7.5%, China Mobile Games and Entertainment Group ( CMGE), down 6.8%, Digimarc Corporation ( DMRC), down 6.6% and QAD ( QADA), down 5.6%.

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 $8.4 billion and is part of the technology sector. Shares are up 23.2% year to date as of the close of trading on Tuesday. 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Ebix ( EBIX), up 9.3%, E2open ( EOPN), up 7.9%, China Digital TV ( STV), up 6.5% and TigerLogic Corporation ( TIGR), up 6.4% , were all gainers within the computer software & services industry with WebMD Health Corporation ( WBMD) 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).

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