4 Computer Software & Services Stocks On The Rise

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 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Computer Software & Services industry currently sits down 0.35 versus the S&P 500, which is down 0.24. On the negative front, top decliners within the industry include Fidelity National Information Services ( FIS), down 1.43, Activision Blizzard ( ATVI), down 1.03 and Automatic Data Processing ( ADP), down 0.73.

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

4. Xerox Corporation ( XRX) is one of the companies pushing the Computer Software & Services industry higher today. As of noon trading, Xerox Corporation is up $0.12 (1.35) to $9.02 on light volume Thus far, 3.1 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $8.92-$9.07 after having opened the day at $8.93 as compared to the previous trading day's close of $8.90.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $10.8 billion and is part of the technology sector. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 30.5% year to date as of the close of trading on Monday. Currently there are 5 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 increase in stock price during the past year, increase in net income, attractive valuation levels, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Xerox Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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