CA ( CA) is one of the major enterprise IT outfitters, providing information technology management software to firms that are focused on securing that administering their networks. The firm has made a big transition from primarily selling computer hardware to focusing on higher-margin businesses like software and integration services. That shift has proven prescient, especially as more and more PC hardware firms pile into the enterprise IT arena. CA has also done a good job of positioning itself in line with the buzzwords of the day: namely cloud computing and virtualization. As those technologies continue to grow in popularity in corporate America, CA should continue to push its sales numbers higher, particularly with a customer list that already includes 99% of the Fortune 1000. That said, mainframes remain an integral part of CA's business (around 60% of sales), a factor that could become a drag as traditional IT customers continue eschewing mainframes in favor is less centralized computing options. The firm remains in good financial shape, with a deep net cash position that accounts for nearly a tenth of CA's market capitalization. The firm's Oct. 23 second-quarter earnings call could be a big catalyst for upside in the next month. To see all of this week's Rocket Stocks in action, check out the Rocket Stocks portfolio at Stockpickr. -- Written by Jonas Elmerraji in Baltimore.