21Vianet Group Inc (VNET): 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.

21Vianet Group ( VNET) 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 up 0.5%. By the end of trading, 21Vianet Group fell $0.76 (-3.0%) to $24.33 on heavy volume. Throughout the day, 2,215,401 shares of 21Vianet Group exchanged hands as compared to its average daily volume of 1,054,400 shares. The stock ranged in price between $21.73-$25.55 after having opened the day at $25.01 as compared to the previous trading day's close of $25.09. Other companies within the Computer Software & Services industry that declined today were: Smith Micro Software ( SMSI), down 9.0%, Astea International ( ATEA), down 8.3%, Kingtone Wirelessinfo Solution ( KONE), down 6.0% and GigaMedia ( GIGM), down 5.7%.

21Vianet Group, Inc. provides carrier-neutral Internet data center services in the People's Republic of China. 21Vianet Group has a market cap of $1.6 billion and is part of the technology sector. Shares are up 6.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate 21Vianet Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates 21Vianet Group 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 deteriorating net income, disappointing return on equity and generally higher debt management risk.

On the positive front, Wave Systems Corporation ( WAVX), up 38.6%, China Information Technology ( CNIT), up 18.9%, NQ Mobile ( NQ), up 14.0% and Benefitfocus ( BNFT), up 8.1% , were all gainers within the computer software & services industry with Microsoft Corporation ( MSFT) 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).

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