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Today's Top Performers In Computer Software & Services

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged.

The Computer Software & Services industry currently sits up 0.3% versus the S&P 500, which is down 0.2%.

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

3. Wipro ( WIT) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Wipro is up $0.17 (1.9%) to $8.97 on heavy volume. Thus far, 579,545 shares of Wipro exchanged hands as compared to its average daily volume of 642,300 shares. The stock has ranged in price between $8.88-$9.07 after having opened the day at $8.90 as compared to the previous trading day's close of $8.80.

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. Wipro has a market cap of $21.6 billion and is part of the technology sector. Shares are up 0.5% year to date as of the close of trading on Friday. Currently there are no analysts that rate Wipro a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Wipro as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Wipro 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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