3 Stocks Pushing The Computer Software & Services Industry Lower

TheStreet highlights 3 stocks pushing the computer software & services industry lower today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 44 points (-0.2%) at 17,874 as of Wednesday, Nov. 4, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,080 issues advancing vs. 1,836 declining with 168 unchanged.

The Computer Software & Services industry currently sits up 0.4% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include

Thomson Reuters

(

TRI

), down 1.4%, and

Wipro

(

WIT

), down 1.1%. Top gainers within the industry include

Paycom Software

(

PAYC

), up 14.9%,

Realpage

(

RP

), up 12.9%,

Fidelity National Information Services

(

FIS

), up 3.7%,

CDW

(

CDW

), up 3.5% and

Qihoo 360 Technology

(

QIHU

), up 2.4%.

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

3.

Cerner

(

CERN

) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Cerner is down $4.62 (-7.0%) to $61.48 on heavy volume. Thus far, 4.5 million shares of Cerner exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $60.51-$62.73 after having opened the day at $61.00 as compared to the previous trading day's close of $66.09.

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Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally. Cerner has a market cap of $22.8 billion and is part of the technology sector. Shares are up 2.2% year-to-date as of the close of trading on Tuesday. Currently there are 22 analysts that rate Cerner a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Cerner

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, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Cerner Ratings Report

now.

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2. As of noon trading,

Cognizant Technology Solutions

(

CTSH

) is down $1.68 (-2.5%) to $66.46 on heavy volume. Thus far, 3.0 million shares of Cognizant Technology Solutions exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $65.34-$67.30 after having opened the day at $67.22 as compared to the previous trading day's close of $68.14.

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Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Cognizant Technology Solutions has a market cap of $41.7 billion and is part of the technology sector. Shares are up 29.4% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Cognizant Technology Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Cognizant Technology Solutions

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, reasonable valuation levels, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Cognizant Technology Solutions Ratings Report

now.

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1. As of noon trading,

Salesforce.com

(

CRM

) is down $0.50 (-0.6%) to $78.13 on light volume. Thus far, 728,283 shares of Salesforce.com exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $78.10-$79.48 after having opened the day at $78.88 as compared to the previous trading day's close of $78.63.

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salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. Salesforce.com has a market cap of $52.3 billion and is part of the technology sector. Shares are up 32.6% year-to-date as of the close of trading on Tuesday. Currently there are 26 analysts that rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Salesforce.com

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

Salesforce.com Ratings Report

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

(

IGV

) while those bearish on the computer software & services industry could consider

ProShares Ultra Short Technology

(

REW

).

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