4 Stocks Pushing The Computer Software & Services Industry Higher

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 up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Computer Software & Services industry currently is unchanged today versus the S&P 500, which is down 0.0%. A company within the industry that increased today was Oracle Corporation ( ORCL), up 0.7%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. 3D Systems Corporation ( DDD) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, 3D Systems Corporation is up $2.37 (5.2%) to $47.61 on heavy volume Thus far, 1.3 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $44.65-$47.95 after having opened the day at $44.91 as compared to the previous trading day's close of $45.24.

3D Systems Corporation, through its subsidiaries, engages in the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services. 3D Systems Corporation has a market cap of $2.7 billion and is part of the technology sector. The company has a P/E ratio of 68.5, above the S&P 500 P/E ratio of 17.7. Shares are up 214.2% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate 3D Systems Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates 3D Systems Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full 3D Systems Corporation Ratings Report now.

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3. As of noon trading, Autodesk ( ADSK) is up $0.40 (1.2%) to $32.32 on light volume Thus far, 825,092 shares of Autodesk exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $31.71-$32.34 after having opened the day at $31.78 as compared to the previous trading day's close of $31.92.

Autodesk, Inc. provides design software and services to customers worldwide. Autodesk has a market cap of $7.3 billion and is part of the technology sector. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Autodesk a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Autodesk as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations 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 Autodesk Ratings Report now.

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2. As of noon trading, VeriSign ( VRSN) is up $0.66 (1.7%) to $40.53 on average volume Thus far, 1.7 million shares of VeriSign exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $39.18-$40.58 after having opened the day at $39.49 as compared to the previous trading day's close of $39.87.

VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. It offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domain names, as well as the back-end systems for various for all .gov, .jobs, and .edu domain names. VeriSign has a market cap of $6.2 billion and is part of the technology sector. The company has a P/E ratio of 25.4, above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate VeriSign a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates VeriSign as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full VeriSign Ratings Report now.

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1. As of noon trading, VMWare ( VMW) is up $1.65 (1.8%) to $91.21 on average volume Thus far, 792,691 shares of VMWare exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $88.46-$91.77 after having opened the day at $89.00 as compared to the previous trading day's close of $89.56.

VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions in the United States and internationally. VMWare has a market cap of $11.5 billion and is part of the technology sector. The company has a P/E ratio of 52.8, above the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate VMWare a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates VMWare 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full VMWare Ratings Report now.

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If you are interested in one of these 4 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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