5 Stocks Pushing The Computer Software & Services Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Computer Software & Services industry currently sits up 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Ebix ( EBIX), down 22.5%, Thomson Reuters Corporation ( TRI), down 1.9%, Red Hat ( RHT), down 1.4%, Wipro ( WIT), down 0.8% and Catamaran ( CTRX), down 1.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Intuit ( INTU) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, Intuit is down $0.32 (-0.5%) to $60.87 on light volume Thus far, 469,865 shares of Intuit exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $60.63-$61.12 after having opened the day at $61.06 as compared to the previous trading day's close of $61.19.

Intuit Inc. provides business and financial management solutions for small businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, the United Kingdom, India, and Singapore. Intuit has a market cap of $18.1 billion and is part of the technology sector. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 16.8% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Intuit a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Intuit Ratings Report now.

4. As of noon trading, Adobe Systems ( ADBE) is down $0.44 (-1.3%) to $33.95 on light volume Thus far, 1.5 million shares of Adobe Systems exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $33.84-$34.31 after having opened the day at $34.18 as compared to the previous trading day's close of $34.39.

Adobe Systems Incorporated operates as a diversified software company worldwide. It offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises, and consumers. Adobe Systems has a market cap of $17.0 billion and is part of the technology sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 21.5% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Adobe Systems a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Adobe Systems 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, solid stock price performance 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 Adobe Systems Ratings Report now.

3. As of noon trading, Cognizant Technology Solutions Corporation ( CTSH) is down $0.36 (-0.5%) to $65.79 on light volume Thus far, 1.4 million shares of Cognizant Technology Solutions Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $65.51-$66.68 after having opened the day at $66.12 as compared to the previous trading day's close of $66.15.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services in North America, Europe, and internationally. Cognizant Technology Solutions Corporation has a market cap of $20.1 billion and is part of the technology sector. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7. Shares are up 4.5% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cognizant Technology Solutions Corporation as a buy. 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Cognizant Technology Solutions Corporation Ratings Report now.

2. As of noon trading, Salesforce.com ( CRM) is down $2.80 (-1.9%) to $143.80 on light volume Thus far, 1.0 million shares of Salesforce.com exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $143.38-$146.87 after having opened the day at $146.87 as compared to the previous trading day's close of $146.60.

salesforce.com, inc provides cloud computing and social enterprise solutions to various businesses and industries worldwide. The company delivers customer relationship management applications through Internet or cloud. Salesforce.com has a market cap of $20.5 billion and is part of the technology sector. The company has a P/E ratio of -135.4, below the S&P 500 P/E ratio of 17.7. Shares are up 44.5% year to date as of the close of trading on Friday. Currently there are 28 analysts that rate Salesforce.com a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Salesforce.com Ratings Report now.

1. As of noon trading, Oracle Corporation ( ORCL) is down $0.20 (-0.6%) to $31.01 on light volume Thus far, 7.1 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 22.0 million shares. The stock has ranged in price between $30.77-$31.17 after having opened the day at $30.95 as compared to the previous trading day's close of $31.21.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $151.7 billion and is part of the technology sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 22.7% year to date as of the close of trading on Friday. Currently there are 21 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Oracle Corporation Ratings Report now.

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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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