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.Splunk ( SPLK) 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 0.2%. By the end of trading, Splunk rose $1.73 (1.9%) to $90.75 on average volume. Throughout the day, 1,265,813 shares of Splunk exchanged hands as compared to its average daily volume of 1,401,700 shares. The stock ranged in a price between $88.60-$91.12 after having opened the day at $89.83 as compared to the previous trading day's close of $89.02. Other companies within the Computer Software & Services industry that increased today were: Wave Systems Corporation ( WAVX), up 15.5%, CSP ( CSPI), up 7.7%, Textura ( TXTR), up 7.0% and NQ Mobile ( NQ), up 6.2%.
Splunk, Inc. provides software solutions that provide real-time operational intelligence. Splunk has a market cap of $10.0 billion and is part of the technology sector. Shares are up 28.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Splunk a buy, 1 analyst rates it a sell, and 6 rate it a hold. TheStreet Ratings rates Splunk as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.