Sap AG ADR (SAP): Today's Featured Computer Software & Services Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
Sap AG ADR ( SAP) 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 0.9%. By the end of trading, Sap AG ADR rose $1.33 (1.7%) to $78.21 on heavy volume. Throughout the day, 2,300,711 shares of Sap AG ADR exchanged hands as compared to its average daily volume of 1,197,800 shares. The stock ranged in a price between $76.94-$78.64 after having opened the day at $77.81 as compared to the previous trading day's close of $76.88. Other companies within the Computer Software & Services industry that increased today were: Webmedia Brands ( WEBM), up 9.9%, Descartes Systems Group ( DSGX), up 6.1%, Konami Corporation ( KNM), up 4.2% and QAD ( QADB), up 4.0%.
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SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. Sap AG ADR has a market cap of $96.9 billion and is part of the technology sector. The company has a P/E ratio of 21.0, above the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Sap AG ADR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Sap AG ADR Ratings Report .
On the negative front, China Information Technology ( CNIT), down 10.7%, Kingtone Wirelessinfo Solution ( KONE), down 9.2%, Velti ( VELT), down 8.6% and E2open ( EOPN), down 8.6% , were all laggards within the computer software & services industry with VMWare ( VMW) being today's computer software & services industry laggard.
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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).