3 Computer Software & Services Stocks Moving The Industry Upward
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 104 points (0.6%) at 17,836 as of Friday, Nov. 20, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,952 issues advancing vs. 981 declining with 162 unchanged.
The Computer Software & Services industry currently sits up 0.6% versus the S&P 500, which is up 0.6%. Top gainers within the industry include
(
), up 4.7%,
(
), up 2.8%,
(
), up 1.2% and
(
), up 1.0%. A company within the industry that fell today was
(
), up 0.5%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Activision Blizzard is up $0.79 (2.1%) to $37.80 on light volume. Thus far, 2.8 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 11.4 million shares. The stock has ranged in price between $36.61-$37.84 after having opened the day at $37.10 as compared to the previous trading day's close of $37.01.
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Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. Activision Blizzard has a market cap of $27.0 billion and is part of the technology sector. Shares are up 83.7% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts who rate Activision Blizzard a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Activision Blizzard
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Activision Blizzard Ratings Report
now.
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2. As of noon trading,
International Business Machines
(
) is up $1.96 (1.4%) to $138.70 on average volume. Thus far, 2.0 million shares of International Business Machines exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $137.25-$138.92 after having opened the day at $137.37 as compared to the previous trading day's close of $136.74.
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International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $131.8 billion and is part of the technology sector. Shares are down 14.8% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate International Business Machines a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
International Business Machines
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and feeble growth in the company's earnings per share. Get the full
International Business Machines Ratings Report
now.
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1. As of noon trading,
(
) is up $0.46 (1.2%) to $39.48 on light volume. Thus far, 4.8 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 17.1 million shares. The stock has ranged in price between $39.20-$39.53 after having opened the day at $39.25 as compared to the previous trading day's close of $39.02.
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Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. Oracle Corporation has a market cap of $165.0 billion and is part of the technology sector. Shares are down 13.2% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who rate Oracle Corporation a buy, 2 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Oracle Corporation
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full
Oracle Corporation Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).