Accenture PLC (ACN): 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.

Accenture ( ACN) 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 down 0.3%. By the end of trading, Accenture rose $1.52 (1.9%) to $83.52 on average volume. Throughout the day, 2,858,806 shares of Accenture exchanged hands as compared to its average daily volume of 2,732,500 shares. The stock ranged in a price between $82.59-$83.75 after having opened the day at $82.61 as compared to the previous trading day's close of $82.00. Other companies within the Computer Software & Services industry that increased today were: Varonis Systems ( VRNS), up 19.9%, Majesco Entertainment Company ( COOL), up 8.4%, Authentidate Holding Corporation ( ADAT), up 8.2% and Top Image Systems ( TISA), up 6.5%.

Accenture plc provides management consulting, technology, and business process outsourcing (BPO) services worldwide. The company operates through Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources segments. Accenture has a market cap of $52.8 billion and is part of the technology sector. Shares are down 0.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Accenture a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Accenture 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, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Cover-All Technologies ( COVR), down 9.1%, GlobalSCAPE Incorporated ( GSB), down 7.8%, Unwired Planet ( UPIP), down 7.7% and NCI ( NCIT), down 6.6% , were all laggards within the computer software & services industry with Splunk ( SPLK) 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).

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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