Citrix Systems Inc (CTXS): 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.

Citrix Systems ( CTXS) 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 0.6%. By the end of trading, Citrix Systems rose $4.01 (7.2%) to $60.00 on heavy volume. Throughout the day, 8,404,868 shares of Citrix Systems exchanged hands as compared to its average daily volume of 3,324,800 shares. The stock ranged in a price between $59.46-$62.25 after having opened the day at $60.17 as compared to the previous trading day's close of $55.99. Other companies within the Computer Software & Services industry that increased today were: MicroStrategy ( MSTR), up 18.2%, Vasco Data Security International ( VDSI), up 13.0%, Liquid Holdings Group ( LIQD), up 9.5% and NetScout Systems ( NTCT), up 8.2%.

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 $10.6 billion and is part of the technology sector. Shares are down 11.5% 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 revenue growth, reasonable valuation levels and good cash flow from operations. 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 negative front, Castlight Health Inc Class B ( CSLT), down 10.7%, Proofpoint ( PFPT), down 7.9%, Medidata Solutions ( MDSO), down 6.5% and ServiceNow ( NOW), down 6.0% , were all laggards within the computer software & services industry with Adobe Systems ( ADBE) 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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