Skip to main content

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 or Stephanie Link.

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 125 points (-0.7%) at 16,959 as of Friday, July 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 982 issues advancing vs. 1,968 declining with 163 unchanged.

The Computer Software & Services industry currently sits down 0.5% versus the S&P 500, which is down 0.5%. Top gainers within the industry include

SolarWinds

(

SWI

), up 9.9%,

Wipro

(

WIT

), up 1.6% and

Salesforce.com

TheStreet Recommends

(

CRM

), up 1.1%. On the negative front, top decliners within the industry include

Informatica

(

INFA

), down 12.9%,

Electronic Arts

(

EA

), down 1.9%,

SAP SE

(

SAP

), down 1.4%,

Infosys

(

INFY

), down 1.1% and

Adobe Systems

(

ADBE

), down 0.5%.

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

3.

Xerox Corporation

(

XRX

) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Xerox Corporation is up $0.26 (2.0%) to $13.10 on heavy volume. Thus far, 7.9 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $12.60-$13.29 after having opened the day at $12.75 as compared to the previous trading day's close of $12.84.

Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $14.9 billion and is part of the technology sector. Shares are up 5.5% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Xerox Corporation a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Xerox Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Xerox Corporation Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

Cerner

(

CERN

) is up $0.86 (1.6%) to $56.50 on average volume. Thus far, 1.2 million shares of Cerner exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $55.59-$57.59 after having opened the day at $55.95 as compared to the previous trading day's close of $55.64.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner has a market cap of $19.2 billion and is part of the technology sector. Shares are down 0.2% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who rate Cerner a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Cerner

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, increase in net income, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Cerner Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

Qihoo 360 Technology

(

QIHU

) is up $4.29 (4.5%) to $99.90 on heavy volume. Thus far, 4.1 million shares of Qihoo 360 Technology exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $96.04-$101.60 after having opened the day at $97.50 as compared to the previous trading day's close of $95.61.

Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products and services in the People's Republic of China. Qihoo 360 Technology has a market cap of $12.0 billion and is part of the technology sector. Shares are up 16.5% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Qihoo 360 Technology a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Qihoo 360 Technology

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full

Qihoo 360 Technology Ratings Report

now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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

).

null