Salesforce.com Inc. (CRM): 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.

Salesforce.com ( CRM) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 1.9%. By the end of trading, Salesforce.com fell $2.41 (-4.1%) to $55.74 on average volume. Throughout the day, 5,963,682 shares of Salesforce.com exchanged hands as compared to its average daily volume of 6,116,300 shares. The stock ranged in price between $55.54-$58.24 after having opened the day at $58.07 as compared to the previous trading day's close of $58.15. Other companies within the Computer Software & Services industry that declined today were: FireEye ( FEYE), down 10.8%, ServiceNow ( NOW), down 10.8%, Gigamon ( GIMO), down 10.6% and 2U ( TWOU), down 9.3%.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $35.9 billion and is part of the technology sector. Shares are up 5.4% year to date as of the close of trading on Wednesday. Currently there are 26 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow.

On the positive front, TigerLogic Corporation ( TIGR), up 4.9%, Wave Systems Corporation ( WAVX), up 3.2%, Authentidate Holding Corporation ( ADAT), up 3.1% and BluePhoenix Solutions ( BPHX), up 2.8%.

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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