3 Computer Software & Services Stocks Dragging The Industry Down - TheStreet

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 41 points (0.2%) at 17,692 as of Thursday, May 5, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,523 issues advancing vs. 1,363 declining with 169 unchanged. The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is up 0.2%. TheStreet would like to highlight 3 stocks pushing the industry lower today: 3. IMS Health Holdings ( IMS) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, IMS Health Holdings is down $0.65 (-2.6%) to $24.37 on heavy volume. Thus far, 2.0 million shares of IMS Health Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $24.01-$25.26 after having opened the day at $25.24 as compared to the previous trading day's close of $25.02. 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. IMS Health Holdings, Inc. provides information and technology services to healthcare industry worldwide. IMS Health Holdings has a market cap of $8.5 billion and is part of the technology sector. Shares are down 1.8% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts that rate IMS Health Holdings a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates IMS Health Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full IMS Health 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. 2. As of noon trading, Ansys ( ANSS) is down $4.96 (-5.5%) to $85.00 on heavy volume. Thus far, 908,860 shares of Ansys exchanged hands as compared to its average daily volume of 448,600 shares. The stock has ranged in price between $84.85-$87.68 after having opened the day at $85.01 as compared to the previous trading day's close of $89.96. 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. ANSYS, Inc. Ansys has a market cap of $8.1 billion and is part of the technology sector. Shares are down 2.8% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Ansys a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates Ansys as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, growth in earnings per share and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Ansys 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. 1. As of noon trading, Automatic Data Processing ( ADP) is down $1.19 (-1.4%) to $87.20 on heavy volume. Thus far, 2.2 million shares of Automatic Data Processing exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $86.53-$87.91 after having opened the day at $86.66 as compared to the previous trading day's close of $88.39. 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. Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. Automatic Data Processing has a market cap of $40.6 billion and is part of the technology sector. Shares are up 4.3% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Automatic Data Processing a buy, 3 analysts rate it a sell, and 10 rate it a hold. TheStreet Ratings rates Automatic Data Processing as a buy. 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, growth in earnings per share, increase 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 Automatic Data Processing 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 ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).