4 Stocks Boosting 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 6 points (0.0%) at 14,695 as of Friday, April 26, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 953 issues advancing vs. 1,941 declining with 134 unchanged.

The Computer Software & Services industry currently sits down 0.09 versus the S&P 500, which is down 0.43. A company within the industry that increased today was Intuit ( INTU), up 2.82. On the negative front, top decliners within the industry include Wipro ( WIT), down 1.55, Citrix Systems ( CTXS), down 1.66 and Accenture ( ACN), down 0.92.

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

4. NetSuite ( N) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, NetSuite is up $3.82 (4.70) to $85.07 on heavy volume Thus far, 468,443 shares of NetSuite exchanged hands as compared to its average daily volume of 360,600 shares. The stock has ranged in price between $79.09-$85.26 after having opened the day at $79.10 as compared to the previous trading day's close of $81.25.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) software suites in the United States and internationally. NetSuite has a market cap of $5.9 billion and is part of the technology sector. Shares are up 20.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates NetSuite 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 NetSuite Ratings Report now.

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3. As of noon trading, Qlik Technologies ( QLIK) is up $3.30 (13.84) to $27.15 on heavy volume Thus far, 5.0 million shares of Qlik Technologies exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $26.74-$27.88 after having opened the day at $27.00 as compared to the previous trading day's close of $23.85.

Qlik Technologies Inc. engages in the development, commercialization, and implementation of software products and related services for user-driven business intelligence that enables customers to make business decisions primarily in the Americas, Europe, the Asia-Pacific region, and Africa. Qlik Technologies has a market cap of $2.1 billion and is part of the technology sector. The company has a P/E ratio of 615.5, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Qlik Technologies as a hold. 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. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Qlik Technologies Ratings Report now.

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2. As of noon trading, Informatica Corporation ( INFA) is up $2.40 (7.43) to $34.71 on heavy volume Thus far, 2.5 million shares of Informatica Corporation exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $34.02-$37.49 after having opened the day at $34.67 as compared to the previous trading day's close of $32.31.

Informatica Corporation provides enterprise data integration and data quality software and services worldwide. Informatica Corporation has a market cap of $3.5 billion and is part of the technology sector. The company has a P/E ratio of 39.0, above the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Informatica Corporation 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, good cash flow from operations 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 Informatica Corporation Ratings Report now.

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1. As of noon trading, Cerner Corporation ( CERN) is up $4.83 (5.27) to $96.49 on heavy volume Thus far, 1.3 million shares of Cerner Corporation exchanged hands as compared to its average daily volume of 821,300 shares. The stock has ranged in price between $94.37-$97.52 after having opened the day at $95.00 as compared to the previous trading day's close of $91.66.

Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers worldwide. Cerner Corporation has a market cap of $15.8 billion and is part of the technology sector. The company has a P/E ratio of 40.8, above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Thursday.

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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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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