3 Computer Software & Services Stocks Pushing The Industry Higher
One out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading up 71 points (0.4%) at 17,316 as of Monday, Nov. 16, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,543 issues advancing vs. 1,341 declining with 209 unchanged.
The Computer Software & Services industry currently sits down 0.4% versus the S&P 500, which is up 0.2%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
International Business Machines
(
) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, International Business Machines is up $1.01 (0.8%) to $132.76 on average volume. Thus far, 1.8 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 $131.79-$133.94 after having opened the day at $131.79 as compared to the previous trading day's close of $131.75.
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International Business Machines Corporation provides information technology (IT) products and services worldwide. International Business Machines has a market cap of $129.1 billion and is part of the technology sector. Shares are down 17.9% year-to-date as of the close of trading on Friday. 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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2. As of noon trading,
(
) is up $0.58 (1.6%) to $37.88 on average volume. Thus far, 7.5 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 16.8 million shares. The stock has ranged in price between $37.56-$38.39 after having opened the day at $37.72 as compared to the previous trading day's close of $37.30.
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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 $164.7 billion and is part of the technology sector. Shares are down 17.1% year-to-date as of the close of trading on Friday. 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.
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1. As of noon trading,
(
) is up $0.54 (1.0%) to $53.38 on light volume. Thus far, 10.4 million shares of Microsoft exchanged hands as compared to its average daily volume of 37.7 million shares. The stock has ranged in price between $52.85-$53.46 after having opened the day at $53.08 as compared to the previous trading day's close of $52.84.
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Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. Microsoft has a market cap of $425.9 billion and is part of the technology sector. Shares are up 13.8% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Microsoft a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Microsoft
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, reasonable valuation levels, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full
now.
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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
(
).