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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 51 points (0.4%) at 13,835 as of Tuesday, Feb. 26, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,532 issues advancing vs. 1,325 declining with 146 unchanged.

The Computer Software & Services industry currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Wipro ( WIT), down 1.4%, Sap AG ADR ( SAP), down 1.5% and Catamaran ( CTRX), down 1.3%.

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

4. Cerner Corporation ( CERN) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Cerner Corporation is up $0.89 (1.0%) to $86.27 on light volume Thus far, 212,018 shares of Cerner Corporation exchanged hands as compared to its average daily volume of 844,700 shares. The stock has ranged in price between $85.59-$86.73 after having opened the day at $85.59 as compared to the previous trading day's close of $85.38.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $15.1 billion and is part of the technology sector. The company has a P/E ratio of 38.7, above the S&P 500 P/E ratio of 17.7. Shares are up 13.0% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Cerner Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Cerner 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Cerner Corporation Ratings Report now.

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3. As of noon trading, Xerox Corporation ( XRX) is up $0.08 (1.0%) to $7.97 on light volume Thus far, 3.5 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $7.84-$8.02 after having opened the day at $7.90 as compared to the previous trading day's close of $7.89.

Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. Xerox Corporation has a market cap of $9.9 billion and is part of the technology sector. The company has a P/E ratio of 9.2, below the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Xerox Corporation a buy, 1 analyst rates 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 attractive valuation levels, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Xerox Corporation Ratings Report now.

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2. As of noon trading, Autodesk ( ADSK) is up $0.93 (2.5%) to $37.55 on heavy volume Thus far, 3.7 million shares of Autodesk exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $35.77-$38.08 after having opened the day at $35.92 as compared to the previous trading day's close of $36.62.

Autodesk, Inc. provides design software and services to customers worldwide. Autodesk has a market cap of $8.5 billion and is part of the technology sector. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Autodesk a buy, 1 analyst rates it a sell, and 9 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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1. As of noon trading, Intuit ( INTU) is up $0.35 (0.6%) to $62.37 on light volume Thus far, 659,828 shares of Intuit exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $61.87-$62.62 after having opened the day at $62.01 as compared to the previous trading day's close of $62.02.

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 $18.6 billion and is part of the technology sector. The company has a P/E ratio of 26.4, above the S&P 500 P/E ratio of 17.7. Shares are up 5.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Intuit a buy, no analysts rate it a sell, and 8 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, growth in earnings per share, compelling growth in net income, notable return on equity 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 Intuit 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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