Citrix Systems Inc. (CTXS): Today's Featured Computer Software & Services Laggard

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 lower today making it today's featured Computer Software & Services laggard. The industry as a whole was unchanged today. By the end of trading, Citrix Systems fell $1.43 (-2.3%) to $61.13 on average volume. Throughout the day, 3,354,573 shares of Citrix Systems exchanged hands as compared to its average daily volume of 3,140,400 shares. The stock ranged in price between $60.99-$62.75 after having opened the day at $62.56 as compared to the previous trading day's close of $62.56. Other companies within the Computer Software & Services industry that declined today were: Perficient ( PRFT), down 9.2%, FireEye ( FEYE), down 6.4%, TigerLogic Corporation ( TIGR), down 6.3% and ChyronHego ( CHYR), down 5.6%.

Citrix Systems, Inc. provides virtualization, networking, and cloud infrastructure solutions worldwide. The company operates in two divisions, Enterprise and Service Provider, and SaaS division. Citrix Systems has a market cap of $11.2 billion and is part of the technology sector. Shares are down 3.9% 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 positive front, Kingtone Wirelessinfo Solution ( KONE), up 11.3%, KEYW ( KEYW), up 9.7%, Crexendo ( EXE), up 9.5% and CYREN ( CYRN), up 6.5% , were all gainers within the computer software & services industry with Cognizant Technology Solutions Corporation ( CTSH) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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