International Business Machines Corp (IBM): 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.

International Business Machines ( IBM) 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 2.4%. By the end of trading, International Business Machines rose $2.18 (1.2%) to $186.44 on average volume. Throughout the day, 4,530,819 shares of International Business Machines exchanged hands as compared to its average daily volume of 5,061,900 shares. The stock ranged in a price between $185.68-$187.16 after having opened the day at $185.81 as compared to the previous trading day's close of $184.26. Other companies within the Computer Software & Services industry that increased today were: Luxoft Holding Inc Class A ( LXFT), up 18.3%, Sungy Mobile Ltd ADR ( GOMO), up 16.6%, EPAM Systems ( EPAM), up 16.2% and 21Vianet Group ( VNET), up 11.1%.

International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $192.8 billion and is part of the technology sector. Shares are down 1.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate International Business Machines a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates International Business Machines as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, TigerLogic Corporation ( TIGR), down 9.0%, China Mobile Games and Entertainment Group ( CMGE), down 8.5%, UBIC Inc ADR ( UBIC), down 5.5% and Streamline Health Solutions ( STRM), down 3.6% , were all laggards within the computer software & services industry with Symantec ( SYMC) 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).

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