INFY, WDAY And CTSH, Pushing Computer Software & Services Industry Downward - TheStreet

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Two out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 12 points (0.1%) at 17,830 as of Tuesday, Nov. 25, 2014, 12:15 PM ET. The NYSE advances/declines ratio sits at 1,420 issues advancing vs. 1,510 declining with 216 unchanged.

The Computer Software & Services industry currently sits down 0.2% versus the S&P 500, which is unchanged. Top gainers within the industry include

Nuance Communications

(

NUAN

), up 4.4%,

Wipro

(

WIT

), up 1.3%,

Salesforce.com

(

CRM

), up 1.3%,

Thomson Reuters

(

TRI

), up 1.1% and

SAP SE

(

SAP

), up 0.8%.

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

3.

Infosys

(

INFY

) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Infosys is down $0.61 (-0.9%) to $69.05 on light volume. Thus far, 595,550 shares of Infosys exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $68.52-$69.24 after having opened the day at $68.95 as compared to the previous trading day's close of $69.66.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $38.8 billion and is part of the technology sector. Shares are up 23.1% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Infosys a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Infosys

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, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Infosys Ratings Report

now.

STOCKS TO BUY: 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,

Workday

(

WDAY

) is down $5.19 (-5.6%) to $87.30 on heavy volume. Thus far, 3.9 million shares of Workday exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $85.35-$88.95 after having opened the day at $85.54 as compared to the previous trading day's close of $92.49.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Workday, Inc. provides enterprise cloud applications for global human resources and finance in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources. Workday has a market cap of $9.2 billion and is part of the technology sector. Shares are up 11.2% year-to-date as of the close of trading on Monday. Currently there are 11 analysts that rate Workday a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates

Workday

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. Get the full

Workday Ratings Report

now.

STOCKS TO BUY: 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,

Cognizant Technology Solutions

(

CTSH

) is down $0.28 (-0.5%) to $53.45 on light volume. Thus far, 1.3 million shares of Cognizant Technology Solutions exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $53.20-$53.80 after having opened the day at $53.65 as compared to the previous trading day's close of $53.73.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates in four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Cognizant Technology Solutions has a market cap of $32.3 billion and is part of the technology sector. Shares are up 5.1% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Cognizant Technology Solutions a buy, no analysts rate it a sell, and 2 rate 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Cognizant Technology Solutions Ratings Report

now.

STOCKS TO BUY: 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

).

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