3 Computer Software & Services Stocks Dragging The Industry Down

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 15,069 as of Wednesday, May 8, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,670 issues advancing vs. 1,254 declining with 121 unchanged.

The Computer Software & Services industry currently sits up 0.5% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Infosys ( INFY), down 0.91, Adobe Systems ( ADBE), down 0.73 and Microsoft Corporation ( MSFT), down 0.66. Top gainers within the industry include Fidelity National Information Services ( FIS), up 2.2%, Sap AG ADR ( SAP), up 1.1% and International Business Machines ( IBM), up 0.6%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. CA ( CA) is one of the companies pushing the Computer Software & Services industry lower today. As of noon trading, CA is down $0.61 (-2.2%) to $27.16 on heavy volume Thus far, 4.6 million shares of CA exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $25.77-$27.25 after having opened the day at $25.79 as compared to the previous trading day's close of $27.77.

CA Technologies, together with its subsidiaries, provides enterprise information technology (IT) management software and solutions in the United States and internationally. The company operates in three segments: Mainframe Solutions, Enterprise Solutions, and Services. CA has a market cap of $12.6 billion and is part of the technology sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 25.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates CA as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CA Ratings Report now.

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2. As of noon trading, Symantec ( SYMC) is down $0.92 (-3.7%) to $24.18 on heavy volume Thus far, 10.5 million shares of Symantec exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $23.54-$24.44 after having opened the day at $23.86 as compared to the previous trading day's close of $25.10.

Symantec Corporation provides security, storage, and systems management solutions to various organization and consumers worldwide. It operates in four segments: Consumer, Security and Compliance, Storage and Server Management, and Services. Symantec has a market cap of $17.2 billion and is part of the technology sector. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are up 33.4% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Symantec Ratings Report now.

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1. As of noon trading, 3D Systems Corporation ( DDD) is down $1.85 (-4.3%) to $40.77 on heavy volume Thus far, 3.6 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $39.55-$41.15 after having opened the day at $40.46 as compared to the previous trading day's close of $42.62.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $4.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 95.9, above the S&P 500 P/E ratio of 17.7. Shares are up 19.8% year to date as of the close of trading on Tuesday.

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, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. 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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If you are interested in one of these 5 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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