Sap AG (SAP): 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.

Sap ( SAP) 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 0.7%. By the end of trading, Sap fell $1.85 (-2.3%) to $79.77 on average volume. Throughout the day, 1,545,946 shares of Sap exchanged hands as compared to its average daily volume of 1,094,000 shares. The stock ranged in price between $79.00-$80.22 after having opened the day at $79.38 as compared to the previous trading day's close of $81.62. Other companies within the Computer Software & Services industry that declined today were: UBIC ( UBIC), down 9.1%, Intellicheck Mobilisa ( IDN), down 6.3%, TigerLogic Corporation ( TIGR), down 5.4% and Amber Road ( AMBR), down 4.7%.

SAP AG provides enterprise application software and software-related services worldwide. Sap has a market cap of $98.3 billion and is part of the technology sector. Shares are down 6.3% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Sap a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Sap 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, reasonable valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Castlight Health Inc Class B ( CSLT), up 7.0%, CollabRx ( CLRX), up 6.8%, Smith Micro Software ( SMSI), up 6.5% and Proofpoint ( PFPT), up 5.8% , were all gainers within the computer software & services industry with Splunk ( SPLK) 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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