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3 Stocks Moving The Computer Software & Services Industry Upward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Computer Software & Services industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Autodesk ( ADSK), up 2.1%, Catamaran ( CTRX), up 1.6% and Salesforce.com ( CRM), up 0.6%. On the negative front, top decliners within the industry include Activision Blizzard ( ATVI), down 2.5%, and Automatic Data Processing ( ADP), down 0.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. NIC ( EGOV) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, NIC is up $2.88 (15.0%) to $22.04 on heavy volume. Thus far, 639,317 shares of NIC exchanged hands as compared to its average daily volume of 283,300 shares. The stock has ranged in price between $19.90-$22.80 after having opened the day at $19.90 as compared to the previous trading day's close of $19.16.

NIC Inc. provides eGovernment services that enable governments use the Internet to provide various services to businesses and citizens in the United States. It operates in two segments, Outsourced Portals, and Other Software & Services. NIC has a market cap of $1.2 billion and is part of the technology sector. Shares are up 12.7% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate NIC a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates NIC as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full NIC Ratings Report now.

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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