Today's Stocks Driving Success For The Computer Software & Services Industry
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 53 points (0.3%) at 17,715 as of Wednesday, March 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,670 issues advancing vs. 1,290 declining with 158 unchanged.
The Computer Software & Services industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include
(
), up 2.1%,
(
), up 1.7%,
(
), up 1.2%,
(
), up 0.9% and
(
), up 0.9%. On the negative front, top decliners within the industry include
Endurance International Group Holdings
(
), down 6.2%,
(
), down 2.0%,
(
), down 1.5%,
(
), down 1.2% and
(
), down 0.8%.
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, Electronic Arts is up $0.64 (1.2%) to $55.69 on light volume. Thus far, 1.4 million shares of Electronic Arts exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $54.75-$56.13 after having opened the day at $54.80 as compared to the previous trading day's close of $55.05.
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Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, and tablets. The company operates through EA Games, EA SPORTS, Maxis, PopCap, and All Play segments. Electronic Arts has a market cap of $17.6 billion and is part of the technology sector. Shares are up 17.1% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Electronic Arts a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Electronic Arts
as a
. 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, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Electronic Arts Ratings Report
now.
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2. As of noon trading,
(
) is up $0.70 (1.7%) to $42.13 on light volume. Thus far, 2.2 million shares of FireEye exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $41.06-$42.47 after having opened the day at $41.68 as compared to the previous trading day's close of $41.43.
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FireEye, Inc. provides products and services for detecting, preventing, and resolving advanced cybersecurity threats. FireEye has a market cap of $6.7 billion and is part of the technology sector. Shares are up 31.2% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate FireEye a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
FireEye
as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full
now.
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1. As of noon trading,
(
) is up $0.63 (1.0%) to $64.39 on light volume. Thus far, 1.2 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $63.65-$64.43 after having opened the day at $64.00 as compared to the previous trading day's close of $63.76.
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salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Salesforce.com has a market cap of $42.6 billion and is part of the technology sector. Shares are up 7.5% year-to-date as of the close of trading on Tuesday. Currently there are 24 analysts who rate Salesforce.com a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Salesforce.com
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. 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.
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
(
).
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