Citrix Systems Inc. (CTXS): 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.

Citrix Systems ( CTXS) 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 1.0%. By the end of trading, Citrix Systems rose $3.35 (5.8%) to $60.59 on heavy volume. Throughout the day, 8,091,725 shares of Citrix Systems exchanged hands as compared to its average daily volume of 2,989,900 shares. The stock ranged in a price between $56.62-$60.96 after having opened the day at $57.31 as compared to the previous trading day's close of $57.24. Other companies within the Computer Software & Services industry that increased today were: Merge Healthcare ( MRGE), up 15.0%, AVG Technologies ( AVG), up 13.2%, Smith Micro Software ( SMSI), up 7.8% and icad ( ICAD), up 6.3%.

Citrix Systems, Inc. provides cloud computing solutions worldwide. The company operates in two divisions, Enterprise and Online Services. Citrix Systems has a market cap of $10.7 billion and is part of the technology sector. Shares are down 9.5% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Citrix Systems a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Citrix Systems as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself.

On the negative front, TigerLogic Corporation ( TIGR), down 6.6%, The9 ( NCTY), down 4.7%, Authentidate Holding Corporation ( ADAT), down 4.6% and Aware ( AWRE), down 3.9%.

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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