3 Stocks Raising The Computer Software & Services Industry Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 86 points (-0.5%) at 18,509 as of Thursday, July 21, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,295 issues advancing vs. 1,607 declining with 160 unchanged.
The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was
(
), up 1.1%. On the negative front, top decliners within the industry include
(
), down 23.7%,
(
), down 2.0%,
(
), down 1.8%,
(
), down 1.7% and
Check Point Software Technologies
(
), down 1.2%.
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, PTC is up $1.47 (3.7%) to $41.03 on heavy volume. Thus far, 2.7 million shares of PTC exchanged hands as compared to its average daily volume of 821,400 shares. The stock has ranged in price between $40.05-$41.41 after having opened the day at $40.05 as compared to the previous trading day's close of $39.56.
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.
PTC Inc. develops and delivers software products and solutions worldwide. It operates in two segments, Software Products and Services. PTC has a market cap of $4.5 billion and is part of the technology sector. Shares are up 14.2% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate PTC a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
PTC
as a
. The company's strengths can be seen in multiple areas, such as its 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, disappointing return on equity and weak operating cash flow. Get the full
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.
2. As of noon trading,
(
) is up $0.55 (0.7%) to $84.26 on heavy volume. Thus far, 1.5 million shares of SAP SE exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $84.16-$84.86 after having opened the day at $84.42 as compared to the previous trading day's close of $83.71.
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.
SAP SE provides application and analytics software and software-related services for enterprises worldwide. SAP SE has a market cap of $97.4 billion and is part of the technology sector. Shares are up 5.8% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate SAP SE a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
SAP SE
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and increase in net income. 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.
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.
1. As of noon trading,
(
) is up $0.36 (0.7%) to $55.46 on average volume. Thus far, 1.1 million shares of Nielsen Holdings exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $54.86-$55.49 after having opened the day at $55.09 as compared to the previous trading day's close of $55.09.
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.
Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Nielsen Holdings has a market cap of $19.6 billion and is part of the services sector. Shares are up 18.2% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Nielsen Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Nielsen Holdings
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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
Nielsen Holdings 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
(
).